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Income Tax - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Taxable income - forfeiture of share warrants - whether treated ...

Case Laws     Income Tax

May 22, 2017

Taxable income - forfeiture of share warrants - whether treated as capital receipt in nature? - if the initial receipts of a business are not trading receipts in the hands of the recipient, subsequent operations cannot turn them into trading receipts. - AT

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