Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Addition u/s 56(2)(viib) - issue of shares at premium - working of fair market value as per 11UA(2)(a) - The ITAT observed that Rule 11UA(2) provides an option to the company to select any method for determining the valuation of unquoted equity shares. The AO's action to shift from the DCF method to the ALV method without verifying the correctness of the projected figures was found not tenable.
Addition u/s 56(2)(viib) - issue of shares at premium - working of fair market value as per 11UA(2)(a) - The ITAT observed that Rule 11UA(2) provides an option to the company to select any method for determining the valuation of unquoted equity shares. The AO's action to shift from the DCF method to the ALV method without verifying the correctness of the projected figures was found not tenable.
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