https://www.taxtmi.com/highlights?id=38339 Addition u/s 56 - transaction in shares - adequate consideration - Section 56(2)(viia) was brought in the statute book only w.e.f. 1st June, 2010 i.e. for AY 2011-12 - there was no reason to believe that there was any income on account of short fall in consideration paid during the AY 2010-11. - HC en-us Wed, 14 Mar 2018 06:52:13 +0530 Tue, 13 Mar 2018 22:35:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=38339 Addition u/s 56 - transaction in shares - adequate consideration - Section 56(2)(viia) was brought in the statute book only w.e.f. 1st June, 2010 i.e. for AY 2011-12 - there was no reason to believe that there was any income on account of short fall in consideration paid during the AY 2010-11. - HC Highlights Income Tax Wed, 14 Mar 2018 06:52:13 +0530 https://www.taxtmi.com/highlights?id=38339