Taxability of conversion of warrants into ewuity shares

1608 views 3 replies

Hi all,

Whether a conversion of warrants into equity shares is charged to tax.u/s 45 ?

Please give reference of relevant case law

Thank you

 

Replies (3)

No it will not be regarded as a transfer U/s 47.

agree wid prabeer. such conversion not regarded as transfer

Originally posted by :Mohammed Dalal
"

 Thanks for the reply

But i would like to know is there any relevant case law as such

"


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