Court Rules Share Capital Receipt as Capital, Not Revenue, Following SEBI Directives.

Court Rules Share Capital Receipt as Capital, Not Revenue, Following SEBI Directives. https://www.taxtmi.com/highlights?id=15009 Receipt to be treated as capital receipt or revenue receipt - Amount was received by way of share capital which was compulsorily required to be invested by SKSE as per the directives of SEBI. - held as capital in nature - HC en-us Thu, 10 Oct 2013 18:15:34 +0530 Thu, 10 Oct 2013 18:15:34 +0530 TaxTMI RSS Generator Court Rules Share Capital Receipt as Capital, Not Revenue, Following SEBI Directives. https://www.taxtmi.com/highlights?id=15009 Receipt to be treated as capital receipt or revenue receipt - Amount was received by way of share capital which was compulsorily required to be invested by SKSE as per the directives of SEBI. - held as capital in nature - HC Highlights Income Tax Thu, 10 Oct 2013 18:15:34 +0530 https://www.taxtmi.com/highlights?id=15009