ITAT: CIT(A) can't impose Rule 11UA when taxpayer 'substantiated' higher valuation u/s. 56(2)(viib) before AO


Conclusion

Delhi ITAT deletes enhancement made by CIT(A) for alleged excess share premium receipt u/s 56(2)(viib) for AY 2013-14; During relevant AY, assessee (an India Today group of company...

Purchase this Article

2000₹   Buy Now


For 2000₹, purchase this and receive immediate online access.

 

Already a Subscriber?

Log in for complete access.

Log In

Queries?

Contact Vidyadhar Mhatre at +91 93200 54016
Email - sales@taxsutra.com

Top