https://www.taxtmi.com/forum/issue?id=120661 Where a monetary payment replaces extinguished equity rights, it is generally a non-taxable capital or contractual settlement akin to an actionable claim rather than a "supply"; however, if the payment functions as a substitute for professional fees or remuneration for services, it constitutes consideration for supply of services and is taxable under GST. en-us Thu, 18 Dec 2025 10:28:53 +0530 Sat, 20 Dec 2025 09:53:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120661 Where a monetary payment replaces extinguished equity rights, it is generally a non-taxable capital or contractual settlement akin to an actionable claim rather than a "supply"; however, if the payment functions as a substitute for professional fees or remuneration for services, it constitutes consideration for supply of services and is taxable under GST. Discussion-Forum GST Thu, 18 Dec 2025 10:28:53 +0530 https://www.taxtmi.com/forum/issue?id=120661