Book value of assets pf an investment company for rule 11ua
This query is : Resolved
20 December 2014
Hi
How do we determine the book value of assets of an investment company (a company whos main object is invest in other listed and unlisted companies) as per rule 11UA?
How do we determine the book value of assets of an investment company (a company whos main object is invest in other listed and unlisted companies) as per rule 11UA?
26 December 2014
Dear Mansi,
AS per the Rule 11UA of Income Tax Rules the book value is considered as the NAV per share of the Company. In case you want to allot/ transfer shares at higher than the NAV then you can use the DCF method.
AS per the Rule 11UA of Income Tax Rules the book value is considered as the NAV per share of the Company. In case you want to allot/ transfer shares at higher than the NAV then you can use the DCF method.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Legal heir raised refund , but refund issued to the closed account of deceased.
- TDS NUMBER SURRENDER
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- Doubt in Form AOC 4
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
