Salary receipt - receipt pertaining to redemption of stock ...

Case Laws Income Tax

March 12, 2020

Salary receipt - receipt pertaining to redemption of stock appreciation rights (SARs) - whether amount can be assessed as salary income in the hands of a person when received from a person other than his employer? - The SARs redeemed much prior to insertion of clause (iiia) to Section 17(2) of the Act w.e.f 1.4.2000 - No addition could be made - HC

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Salary receipt - receipt pertaining to redemption of stock ...

Case Laws Income Tax

March 12, 2020

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