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
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
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 | ||
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Thanks for the reply But i would like to know is there any relevant case law as such |
" |
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