Addition u/s 56(2)(viib) - share capital and premium received by ...

Case Laws Income Tax

June 30, 2023

Addition u/s 56(2)(viib) - share capital and premium received by the assessee - method of valuation as per Rule 11U and 11UA - When shares were issued at premium based on valuation report from prescribed expert using DCF method of valuation, the said sum cannot be disregarded merely because the projection of revenues thereon did not match with actual revenues of subsequent years. - AT

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Addition u/s 56(2)(viib) - share capital and premium received by ...

Case Laws Income Tax

June 30, 2023

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