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    <title>2008 (10) TMI 703 - BOMBAY HIGH COURT</title>
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    <description>The Tribunal&#039;s decision was upheld regarding the distinctiveness of Stock Appreciation Rights (SARs) and stock options, their tax implications, and the assessment of SARs redemption under the head of &#039;salary&#039;. The court affirmed the classification of the receipt from SARs redemption as &#039;salary income&#039; despite challenges, rejecting the appellant&#039;s arguments for alternative categorizations under &#039;income from other sources&#039; or &#039;capital gains&#039;.</description>
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      <title>2008 (10) TMI 703 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=280081</link>
      <description>The Tribunal&#039;s decision was upheld regarding the distinctiveness of Stock Appreciation Rights (SARs) and stock options, their tax implications, and the assessment of SARs redemption under the head of &#039;salary&#039;. The court affirmed the classification of the receipt from SARs redemption as &#039;salary income&#039; despite challenges, rejecting the appellant&#039;s arguments for alternative categorizations under &#039;income from other sources&#039; or &#039;capital gains&#039;.</description>
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      <pubDate>Tue, 07 Oct 2008 00:00:00 +0530</pubDate>
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