ITAT: Deletes Rs.100 cr. addition u/s. 56(2)(viia); Rule 11U inapplicable to foreign co. shares pre-2019 amendment


Conclusion

Mumbai ITAT deletes over Rs. 100 cr. addition u/s. 56(2)(viia) [for property received at less than FMV] with respect to assessee co.'s investment in shares of a Singaporean co.; Du...

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