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Case Law Details

Case Name : Manjeet Singh Chawla Vs Deputy Commissioner of TDS (Karnataka High Court)
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Manjeet Singh Chawla Vs Deputy Commissioner of TDS (Karnataka High Court)

Most people might have binge watched new web series on ‘TRUST is RARE’ — I binged a 180-pager tax case this week. Same drama with fewer commercial breaks. But beyond the sheer length, the Manjeet Singh Chawla ruling by the Karnataka High Court provides crucial clarity on the taxability of compensation paid for diminution in value of stock option.

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