TMI BlogOnly Merchant Banks Authorized for FMV Valuation of Shares Under Income-tax Rule 56 (6th Amendment) 2018.Income-tax (6th Amendment), Rules, 2018 - Determination of FMV of shares and securities - Now only merchant bank can give the valuation report for the purpose of section 56. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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