can be a bit more explicit about the query...what you mean by deface? as such there should not be any capital gains if you sell something costing Rs 10 at Rs 5.
22 March 2014
if company share value is rs. 10 and then the company deface the value at rs. 5 and company refund the rs.5 back to share holder? So, Rs.5 Income under which section it will be liable???
CAclubindia
