Sec 55(2)(b)(iv)(e)


This query is : Resolved 

21 August 2014 Kindly provide interpretation of Sec 55(2)(b)(iv)(e)

21 August 2014 there is no section 55(2)(b)(iv)(e)!!

22 August 2014 Sir,
Kindly guide me in one case where compulsorily convertible preference shares have been converted to equity at an agreed price lower than its FMP. will there be capital gain liability in the hands of assessee and if the assessee is non-resident will we need to deduct withholding tax on the capital gain arisen on this transaction?


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