[aaykarbhavan] No income arises on allotment of shares at concessional rate till expiry of lock-in-period on such shares

No income arises on allotment of shares at concessional rate till expiry of lock-in-period on such shares

December 19, 2014[2014] 52 taxmann.com 103 (Andhra Pradesh)/[2014] 367 ITR 616 (Andhra Pradesh)

IT : Where shares were allotted at concessional rate, no income would accrue or arise until expiry of lock in period

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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