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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Perquisite or capital receipt - SARs - the amount received on ...


Redemption of Stock Appreciation Rights (SARs) is Capital Gains, Not Perquisite, u/s 17(2)(iii) Income Tax Act.

April 28, 2018

Case Laws     Income Tax     SC

Perquisite or capital receipt - SARs - the amount received on redemption of Stock Appreciation Rights (SARs) is to be treated as capital gains and not perquisite u/s 17(2)(iii) of the IT Act. - SC

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