https://www.taxtmi.com/highlights?id=15697 Conversion of sole proprietorship firm into company - succession - Applicability of section 47(xiv) - Receipt of higher value of shares because of re-valuation of the assets at the time of succession cannot be treated as consideration or benefit received other than by way of allotment of shares - AT en-us Mon, 11 Nov 2013 10:01:50 +0530 Mon, 11 Nov 2013 10:01:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=15697 Conversion of sole proprietorship firm into company - succession - Applicability of section 47(xiv) - Receipt of higher value of shares because of re-valuation of the assets at the time of succession cannot be treated as consideration or benefit received other than by way of allotment of shares - AT Highlights Income Tax Mon, 11 Nov 2013 10:01:50 +0530 https://www.taxtmi.com/highlights?id=15697