token amount
This query is : Resolved
07 March 2009
token amount given on purchase and after on cancellation of contract wht is treatment for token amount
07 March 2009
if it is not returned then it will be deducted while computing capital gains at the time of sale. (sec 51)
08 March 2009
For the giver, the treatment given by Mr.jitender is correct
For the receiver, it would be taxable.
For the receiver, it would be taxable.
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