CA Vishal Jain (Chartered Accountant) (137 Points)
01 September 2012A private limited company iss issuing sweat equity shares to director of company
what will be the tax treatment in the hands of company and director?
ranjithsingh
(Chartered Accountant)
(153 Points)
Replied 01 September 2012
Sweat equity shares can be taxable as perqisite in the hands of director and at the time of payment of dividend the company has to deduct DDT thats all in the hands of company.
CAclubindia
