Section 56(2)(vii)
This query is : Open
Querist : Anonymous
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 ??????
22 May 2013
Not taxable............until realisation
Querist : Anonymous
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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