Treatment of Shares Premium received by closely held company on issue of shares

CA.Sangam Aggarwalpro badge , Last updated: 31 January 2024  
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Introduction Before understanding the tax treatment of premium received by closely held company on issue of shares under section 56(2)(viib) of Income Tax Act, 1967 lets discuss the problem before introduction of this section with the help of example. Example: There is a Private company na

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Published by

CA.Sangam Aggarwal
(Professional)
Category Income Tax   Report

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