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Income Tax - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

Capital gain or salary received - Recognizing the compensation ...

Case Laws     Income Tax

February 16, 2023

Capital gain or salary received - Recognizing the compensation received by the assessee as the share holding of the company - the amount received quivalent to the pro-rata value of eligible shares of 15,000 out of offered shares of 50,000 be treated as capital gains u/s 48 and the remaining amount received by the assessee from the former employee be treated as per the provisions of Section 17(3)(iii). - AT

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