Using Average Market Price for GDR to Equity Conversion Date as 'Cost of Acquisition' is Fair for FBT and ESOP.

Fringe Benefit Tax (FBT) - FMV - ESOP - the average market price adopted as the 'prevailing price' on the date of conversion of GDRs into equity shares as the 'cost of acquisition' is reasonable and justifiable - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X