Tribunal's ruling on Stock Appreciation Rights as capital gain overturned; considered perquisite u/s 17(2)(iii) of Income Tax Act.

Tribunal's ruling on Stock Appreciation Rights as capital gain overturned; considered perquisite u/s 17(2)(iii) of Income Tax Act. https://www.taxtmi.com/highlights?id=21624 Redemption of Stock Appreciation Rights - capital gain or perquisite under Sec.17(2)(iii) - Tribunal was not justified in holding that capital gain arose to the assessee on redemption of Stock Appreciation Rights which were having no cost of acquisition - HC en-us Tue, 03 Feb 2015 07:52:57 +0530 Tue, 03 Feb 2015 07:52:57 +0530 TaxTMI RSS Generator Tribunal's ruling on Stock Appreciation Rights as capital gain overturned; considered perquisite u/s 17(2)(iii) of Income Tax Act. https://www.taxtmi.com/highlights?id=21624 Redemption of Stock Appreciation Rights - capital gain or perquisite under Sec.17(2)(iii) - Tribunal was not justified in holding that capital gain arose to the assessee on redemption of Stock Appreciation Rights which were having no cost of acquisition - HC Highlights Income Tax Tue, 03 Feb 2015 07:52:57 +0530 https://www.taxtmi.com/highlights?id=21624