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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Share premium treatment: specified funds and compliance failures can render excess consideration taxable and deemed underreported.</h1> The amendment broadens the non-taxable treatment of share issue consideration under clause (viib) of section 56(2) to include receipts from a specified fund-a Category I or II AIF registered and regulated under SEBI; it adds a proviso deeming excess consideration over face value to be the company's income where notification-based eligibility conditions are later breached, and Lok Sabha changes state excess is measured against fair market value and treated as underreported. The Bill also substitutes reference to sub-section (1) of section 145B and permits other prescribed electronic modes and rulemaking to exclude receipts from specified classes.

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