"Today, if a purchaser pays a price below the tax fair market value, the difference is taxed in the hands of the purchaser as ordinary income. In listed shares, the fair market value is pegged to the stock exchange price, and in off-market deals, parties have no control over price movements
Sunac was among dozens of real-estate companies that defaulted on their international bonds over the past 18 months. According to WSJ, its Hong Kong-listed shares were suspended after it missed a deadline to file its annual report in March 2022.
New Delhi [India], September 26 (ANI): The Central Board of Direct Taxes (CBDT) on Saturday junked the media reports that stock traders or day traders are required to furnish scrip wise details in the return of income for Assessment Year 2020-21.