Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
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Short Term capital Gains - Transfer / Conversion of Redeemable Cumulative Convertible Preference Share and Fully Compulsory Convertible Preference Shares to equity shares - In the present case, it is to be appreciated that the conversion of preference shares into equity shares is in the hands of the shareholder. - Thus, gain, if any, arising from such a conversion will only be taxable in the hands of the shareholder - Additions deleted - AT
Short Term capital Gains - Transfer / Conversion of Redeemable Cumulative Convertible Preference Share and Fully Compulsory Convertible Preference Shares to equity shares - In the present case, it is to be appreciated that the conversion of preference shares into equity shares is in the hands of the shareholder. - Thus, gain, if any, arising from such a conversion will only be taxable in the hands of the shareholder - Additions deleted - AT
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