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Income Tax - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

Addition made on share premium u/s.68 - share premium received ...

Case Laws     Income Tax

May 7, 2018

Addition made on share premium u/s.68 - share premium received from its holding companies namely situated at Hongkong, who are non resident entities - the said share premium is on account capital transaction and is not an income within charging Sections of the 1961 Act. - AT

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