Issues of Shares at a Premium - Tax Implications

CA. Aditya Goel , Last updated: 22 March 2021  
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When Shares are issued at a value more than the Face Value, then it iscalled Issue of Shares at a Premium Why Premium? Over a period of time, the company has established its Goodwill, Reputation, Brands etc. Issue of Equity Shares at Premium attracts Section 56(2)(viib) of the Income Tax Ac

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Published by

CA. Aditya Goel
(Chartered Accountant)
Category Income Tax   Report

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