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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Addition towards difference between the value of the shares ...

Case Laws     Income Tax

March 19, 2014

Addition towards difference between the value of the shares allotted and consideration paid - provision of s. 56(2)(vii)(c) shall not apply and the amount cannot be assessed as income in the hands of the assessee on the ground of inadequate consideration- AT

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