Set off & Carry forward business loss - change in share holding ...

Court Rules Share Application Money Excluded in Shareholding Calculation for Business Losses Set-Off and Carry Forward.

November 21, 2012

Case Laws Income Tax AT

Set off & Carry forward business loss - change in share holding - share application money not to be considered for determination of percentage of share holding - AT

View Source

← Previous Next →

Set off & Carry forward business loss - change in share holding ...

Court Rules Share Application Money Excluded in Shareholding Calculation for Business Losses Set-Off and Carry Forward.

November 21, 2012

Case Laws Income Tax AT

You may also like:

The Appellate Tribunal dismissed the Section 7 application filed by the Appellant, ruling that the share application money deposited by the Appellant with the Corporate...

Violation of the provisions of Sections 269SS and 269T - scope of the term "loan" and "deposit" - Penalty u/s 271D and 271E - amount received on account of share...

Addition on account of share application and share premium money u/s 68 - assessee has received share application and share premium money from eleven investor companies...

Share application money cannot be equated with share capital and interest paid on share application money pending its allotment is allowable as revenue expenditure

Addition u/s 68 - unexplained cash credit - share application money receipts - Even though there were circumstances leading to suspicion, yet having taken an action...

Unexplained cash credit u/s 68 - share application money - amount was received during the earlier years - entries made during the current year for converting deposits...

Share application money received - No evidence has been brought on record by the Assessing Officer to prove that the share application money emanated from the coffers of...

Initiation of CIRP - NCLT admitted the application - Financial Creditors - Share Application Money in the event of non-allotment of shares - Loan/Debt or not - Share...

Addition u/s 56(2)(viib) - application of Rule 11UA - FMV of redeemable preference shares - sub-Rule (2) of Rule 11UA deals valuation in respect of unquoted equity...

The High Court held that respondent No. 3 cannot avoid deciding the petitioners' application dated 20 December 2023 seeking an advance ruling on the taxability of sale...

The High Court considered an application for compounding contravention under FEMA. The petitioner filed Form FC-TRS belatedly, leading to investigations and complaints....

Addition u/s 68 - addition on account of share application money - The identity of the above share applicants was also independently verified by the inspectors during...

Addition u/s 68 - share application money/share capital and share premium as unexplained - The onus was on revenue to dislodge assessee’s documentary evidences and rebut...

ITAT upheld additions under Section 68 for unexplained share application money from two companies. The tribunal confirmed the Assessing Officer's (AO) order, finding the...

Initiation of CIRP - the share application money does not fall under any of the clauses of Section 5(8) of the Code and it cannot be said to fall under the definition "a...

Quick Updates: