https://www.taxtmi.com/highlights?id=71529 TP Adjustment - Redemption of Deferred Shares - The deferred shares carried rights as they would automatically be converted into ordinary shares when the holdings of the assessee in East Ltd. falls below 25.1%. Keeping in view, the fact that the deferred shares can be converted into ordinary shares without any encumbrances, we decline to interfere with the order of the ld. CIT(A). - AT en-us Fri, 18 Aug 2023 08:46:33 +0530 Fri, 18 Aug 2023 08:46:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71529 TP Adjustment - Redemption of Deferred Shares - The deferred shares carried rights as they would automatically be converted into ordinary shares when the holdings of the assessee in East Ltd. falls below 25.1%. Keeping in view, the fact that the deferred shares can be converted into ordinary shares without any encumbrances, we decline to interfere with the order of the ld. CIT(A). - AT Highlights Income Tax Fri, 18 Aug 2023 08:46:33 +0530 https://www.taxtmi.com/highlights?id=71529