Applicability of section 56(2)(viia) on Buy back of shares

CA Nirmit Sharma , Last updated: 08 October 2018  
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Vora Financials Vs ACIT ITAT Mumbai Bench Brief facts of the case: M/s Vora Financials Services Private Limited (assessee) is engaged in the business of trading in shares and derivatives. The assessee, during the assessment year 2014-15, made an offer to existing shareholders for buyback of 2

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Published by

CA Nirmit Sharma
(Tax Executive)
Category Income Tax   Report

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