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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Addition u/s. 56[2] [viib] - method for valuation of the shares ...

Income Tax

July 6, 2020

Addition u/s. 56[2] [viib] - method for valuation of the shares - equity and preference shares allotted by assessee to various residents at a premium - Discounted Cash Flow [DCF] method for valuation of the shares v/s net asset method - AO should follow DCF method only.

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