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2019 (4) TMI 1181 - BOMBAY HIGH COURTTaxability of stock appreciation rights - HELD THAT:- Issue relating to redemption of stock appreciation rights constitutes income liable to tax or not is admitted by Court arises from decisions of tribunal decided following decision in SUMIT BHATTACHARYA VERSUS ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE 16 (1) , MUMBAI [2008 (1) TMI 655 - ITAT MUMBAI]
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