Reopening of assessment - charging of share premium over and ...

Case Laws Income Tax

February 24, 2016

Reopening of assessment - charging of share premium over and above the intrinsic value of the share is income which has escaped assessment - the share premium being on the capital amount cannot be subjected to tax as income. - HC

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Reopening of assessment - charging of share premium over and ...

Case Laws Income Tax

February 24, 2016

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