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Income Tax | CCD Conversion Into Preference Shares Without Fresh Receipt Not Taxable u/s 68: Karnataka HC

7 Oct 2026 · 7 Oct 2026By CA Vijayakumar ShettySource: TaxGuru

Karnataka HC held CCD conversion into preference shares without fresh funds could not trigger Section 68 addition in conversion year. The post CCD Conversion Into Preference Shares Without Fresh Receipt Not Taxable u/s 68: Karnataka HC appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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