Webb22 okt. 2024 · The Bangalore Tribunal held that the provisions of section 56(2)(viib) were introduced by the Finance Act, 2012 with effect from 1-4-2013, and, therefore, those … Webb6 aug. 2024 · Rule 11UA(1) is applicable in case of Section 56 of the IT Act for determine the fair market value of the property other than immovable property. Whereas Rule …
Q. Mat credit receivable to be considered for calculation of fair …
WebbRule 11UA Valuation remarked that closing the financials and audit thereof alongside the transaction closing date is practically a task impossible to perform. On whether deferred … Webb5 aug. 2024 · The valuation of the instruments can prescribed under Rule 11UA the the Income Tax Rules. For the issue regarding equity shares, the rules are very clear as in the choice the methods. At the time of issue, in order to set a cap on the assessing, either the Network Plus Value (NAV) way or the Discounted Cash Flow (DCF) method is preset. interruptible service
India: Anti-abuse Provision u/s. 56(2)(x) - Mondaq
WebbThis Tax Alert explains Rule 11UAE inserted in the Income tax Rules, 1962 by Notification No. 68/2024 dated 24 May 2024 issued by Central Board of Direct Taxes1 (CBDT), which … Webb28 aug. 2024 · Having evolved over time and widened in terms of scope and applicability, Rule 11UA of the Income-tax Rules, 1962 (the Rules) which addresses such valuation … WebbThe new Rule 11UAD prescribes the class of persons for the purposes of section 50CA. The rule states that the section 50CA of the Income Tax Act, 1961 shall not apply to the … interruptiion to studies chalmers university