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A lawyer who is not up to date with the current legal and regulatory updates is nothing short of dangerous. Therefore, at NovoJuris Legal, we strive to stay current. We are also strong believers of growth of knowledge through sharing. These articles and blogs help us share our research with the world, so that no one has to reinvent the wheel yet again.

  • Capital Gains Tax on Conversion of Compulsorily Convertible Preference Shares – The Current Scenario

    Capital Gains Tax on Conversion of Compulsorily Convertible Preference Shares – The Current Scenario

    The question of taxability on conversion of compulsorily convertible preference shares (CCPS) has come up for consideration quite a few times in the recent past. There seemed to be ambiguity regarding whether an event of conversion amounts to ‘transfer’ under

    AS
    By Avaneesh Satyang over 4 years ago
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