Re: [aurangabad_ca] QUERY REGARDING SHARE WARRANT

Thursday, December 31, 2009 11:48 PM By Livemail

 


It is capital profit.

But I asked info because the treatment given in Accounts prevail and I T O decides on facts.

CA R B JOSHI

----- Original Message -----
From: Dipesh Parmar <dip.osho@yahoo.co.in>
Date: Friday, January 1, 2010 12:22 pm
Subject: Re: [aurangabad_ca] QUERY REGARDING SHARE WARRANT
To: aurangabad_ca@yahoogroups.com

>
> DEAR SIR,
>
>         THANKS FOR YOUR REPLY FOR MY QUERY REGARDING SHARE
> WARRANT. MY QUESTION ONLY IS THAT WHETHER IT IS CAPITAL PROFIT OR
> BUSINESS PROFIT. AND WHAT WILL BE THE INCOME TAX EFFECT ON THE
> SAME. WHETHER IT WILL BE TAXABLE AS PER NORMAL RATES OR NOT?
>
>
>
>
>
>
>
>
>   AND IF THERE IS ANY JUDGEMENT ON THIS ISSUE BY ANY COURT THEN
> KINDLY INFORM ME.
>
>
> THANKS
>
>
> DIPESH PARMAR
>
>
>
> The INTERNET now has a personality. YOURS! See your Yahoo!
> Homepage. http://in.yahoo.com/

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