https://www.taxtmi.com/circulars?id=53195 Share premium on issue of shares is a capital account transaction and does not give rise to income for transfer pricing purposes. The Board has accepted this ratio and directs field officers to follow it in all cases where the issue arises, and to communicate the position to appellate and dispute-resolution bodies to ensure consistent application. en-us Thu, 29 Jan 2015 00:00:00 +0530 Thu, 29 Jan 2015 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53195 Share premium on issue of shares is a capital account transaction and does not give rise to income for transfer pricing purposes. The Board has accepted this ratio and directs field officers to follow it in all cases where the issue arises, and to communicate the position to appellate and dispute-resolution bodies to ensure consistent application. Circulars Income Tax Thu, 29 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53195