https://www.taxtmi.com/caselaws?id=60108 The Tribunal partially allowed the limited company's appeal and dismissed the departmental appeal regarding the calculation of the cost of right shares for taxation purposes. The Tribunal determined the cost of the right shares at Rs. 6.25 per share, based on stock exchange prices and a Supreme Court decision, differing from the Commissioner (Appeals) decision of Rs. 3.50 per share. en-us Fri, 13 Dec 1985 00:00:00 +0530 Mon, 03 Jan 2011 17:26:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60108 The Tribunal partially allowed the limited company's appeal and dismissed the departmental appeal regarding the calculation of the cost of right shares for taxation purposes. The Tribunal determined the cost of the right shares at Rs. 6.25 per share, based on stock exchange prices and a Supreme Court decision, differing from the Commissioner (Appeals) decision of Rs. 3.50 per share. Case-Laws Income Tax Fri, 13 Dec 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60108