Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Easy Office

Easy Office

Angel Taxation

Pavan Kapoor (40 Points)

26 January 2019

one example to know how the angel taxation is imposed.

Reply
Follow
Share

3 Replies

Aashish Bansal (Article) (698 Points)
Replied 26 January 2019

its basically based on taxing u/s 56(2)viia I think..
where price received by any closely held company over its fair value is treated as its income... so it is a general tendency of angle investors to buy stake in new company based on valuers report... hence Income tax department started objecting such valuations leading to taxing of the receipts of such companies...
This is angel tax

Upgrade to CAclubindia Pro. Subscribe Now!

Pavan Kapoor (40 Points)
Replied 26 January 2019

Thankyou sir can you explain me how the name angel investors came means why are they are called angel investors

Aashish Bansal (Article) (698 Points)
Replied 26 January 2019

because basically what angel investors invested is brought in the taxation net

Join CCI Pro

Recent Topics

More recent discussions | Post

Related Threads

Popular Discussion

Start a New Discussion

CCI Pro

Trending Online Classes

LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)

CA Rohan Sogani

Enroll Now

02 September 2024
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)

CA Rohan Sogani

Enroll Now

02 September 2024
5 days Certification Course on GST Practical Return Filing Process

CA Pratibha Goyal

Enroll Now

27 August 2024

view all classess

Subscribe to the latest topics :

Search Forum:

Forum Home

Popular Threads

Recent Posts

Unreplied Threads

Settings