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Section 56(2)(vii)

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 May 2013 if a company issue shares at face value which is less than its intrinsic value (fair market value), does the difference will be taxable in the hands of individual as income from other sources ??????
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Anil Sankar V

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Anil Sankar V (Expert)
22 May 2013 Not taxable............until realisation
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Querist : Anonymous

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Querist : Anonymous (Querist)
23 May 2013 i want to have proper answer to the above query. so pls let me suggest where i can get the proper explanation??????????
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