Is income tax required to be paid on sale of Meis scrips?
Is this sale now subject to GST ?
2 Replies
Eldhojo Paul
(Practice)
(3 Points)
Replied 07 June 2022
It wil be added for Income tax computation. It shall be shown in GSTR1 and 3B as sales, but no GST is required to be paid.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 08 June 2022
No GST applicable but same is considered in income tax
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