Held that the provisions of s. 56(2)(vii)(c) are not attracted on receipt of bonus shares.(AY.2017-18)
Deepak Kothari v. ACIT (2025) 237 TTJ 241 / 177 taxmann.com 219 (Delhi) (Trib)
S. 56: Income from other sources-Receipt of bonus shares-Provisions of s. 56(2)(vii)(c) are not attracted on receipt of bonus shares.[S.56(2)(vii)(c)]
Leave a Reply