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- 0 -

Valvuation of equity shares under rule 11UA.

Date 01 Nov 2012
Replies1 Answers
Views 8788 Views
Asked By

Dear Sir,

Please help me in the following isses.

1. Treatment of Reserve & surplus, Deffered Tax liabilities & asset & share application money for calculation of value of shares under rule ua of income tax .

Regards,

CA Vikas Aggarwal

Income Tax
1 answers
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Replied on Nov 3, 2012
1.

Vikas Ji

 

As far as reserves and surplus is concerned and deferred tax liabilities, it would not be treated as liabilities but to my view share application would be treated as liabilities.

Old Query - New Comments are closed.

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