TMI BlogRelaxation of Share Premium Conditions Under Income Tax Act Section 56(2)(viib) with Inter-Ministerial Board Approval.Relaxation from the conditions of issue of shares at premium in excess of Fire Market Value u/s 56(2)(viib) where approval has been granted by the Inter-Ministerial Board of Certification ..... X X X X Extracts X X X X X X X X Extracts X X X X
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