Change in Method of Valuation of Share for Sec 50CA and 56(2)

NITIN GOYAL , Last updated: 08 May 2017 Share Follow on Google News

There will be a change in Valuation Mechanism relating to valuation of unquoted equity shares for the purposes of section 56 and section 50CA of the Income-tax Act, 1961 as per Draft rules issued by CBDT. Earlier if Jewellery, artistic work, shares, securities, and immovable property are held as

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About the Author

NITIN GOYAL

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I am a Practising Chartered Accountant. Iqualified CA-Final in November 2015 with All India Rank- 48. My core competency and area of expertise is Taxation Lawsand more specifically Indirect Taxation including GST.

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