https://www.taxtmi.com/notifications?id=119655 Rules prescribe how the amount received by a domestic company for issue of a share is determined for buy-back tax: actual subscription receipts including premium; reductions for prior returns except where taxed; deemed amounts for ESOPs and sweat equity based on fair market value credited to capital accounts; carryover and apportionment rules for amalgamation and demerger; a formula for shares issued as asset consideration with merchant banker valuation; special rules for succession, conversion, nil-consideration issues, dematerialised shares using FIFO, and face value as fallback. en-us Mon, 17 Oct 2016 00:00:00 +0530 Tue, 18 Oct 2016 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119655 Rules prescribe how the amount received by a domestic company for issue of a share is determined for buy-back tax: actual subscription receipts including premium; reductions for prior returns except where taxed; deemed amounts for ESOPs and sweat equity based on fair market value credited to capital accounts; carryover and apportionment rules for amalgamation and demerger; a formula for shares issued as asset consideration with merchant banker valuation; special rules for succession, conversion, nil-consideration issues, dematerialised shares using FIFO, and face value as fallback. Notifications Income Tax Mon, 17 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119655