Assessee's Rs. 50.12 Crores Consideration Deemed Taxable: Includes Cash and Shares Settled by MTAIC.

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....Assessee had received only ₹ 32.48 crores in terms of the Scheme and the balance amount of ₹ 17.64 crores was discharged by MTAIC by directly issuing fully paid shares to the shareholders of the Assessee - entire consideration is taxable in the hands of assessee - HC....