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High Court Confirms Taxable Capital Gain on Sale of Detachable Warrants; Tribunal's Decision Affirmed.

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....Taxable capital gain on sale of detachable warrants - according to the appellant itself some value has to be ascribed to the detachable warrants and when such cost was accepted rather agreed to an extent of Rs. 2.175/- which led the C.I.T. (Appeals) to pass the order has been rightly affirmed by the Tribunal - HC....

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High Court Confirms Taxable Capital Gain on Sale of Detachable Warrants; Tribunal's Decision Affirmed.