Proposed income tax amendments in Budget 2012-13-Part-2

Amit Bajaj , Last updated: 20 March 2012  
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Consideration in excess of F.M.V of shares to be treated as income from other source if consideration received is in excess of Face Value of shares: It is proposed to insert a new clause (viib) in the aforesaid sub-section so as to provide that where a company, not being a company in which the pu

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Published by

Amit Bajaj
(Tax Attorney)
Category Others   Report

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