Navin Jindal v.ACIT 2010(SC)
For determining whether capital gain on renounciation of right to subscribe for additional shares is short-term or long-term, period of holding wud b from date on which such right to subscribe for additional shares comes into existence(i.e. when company passes resolution)
For determining whether capital gain on renounciation of right to subscribe for additional shares is short-term or long-term, period of holding wud b from date on which such right to subscribe for additional shares comes into existence(i.e. when company passes resolution)
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