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    <title>Determination of fair market value of unquoted equity shares of &#039;Start Up&#039; companies under section 56(2)(viib) of the Income-tax Act read with Rule 11UA(2) of Income-tax Rules</title>
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    <description>For companies qualifying as Start Up under the DIPP notification G.S.R. 501 (E), where Assessing Officers have modified or rejected DCF-based valuations furnished under Rule 11UA(2) and made additions under the charging provision for receipt in excess of fair market value, the Board directs that no coercive measures be taken to recover the disputed demand and that appeals pending before the Commissioner (Appeals) be disposed of expeditiously, preferably by 31 March 2018.</description>
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    <pubDate>Tue, 06 Feb 2018 18:30:31 +0530</pubDate>
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      <title>Determination of fair market value of unquoted equity shares of &#039;Start Up&#039; companies under section 56(2)(viib) of the Income-tax Act read with Rule 11UA(2) of Income-tax Rules</title>
      <link>https://www.taxtmi.com/news?id=19589</link>
      <description>For companies qualifying as Start Up under the DIPP notification G.S.R. 501 (E), where Assessing Officers have modified or rejected DCF-based valuations furnished under Rule 11UA(2) and made additions under the charging provision for receipt in excess of fair market value, the Board directs that no coercive measures be taken to recover the disputed demand and that appeals pending before the Commissioner (Appeals) be disposed of expeditiously, preferably by 31 March 2018.</description>
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