https://www.taxtmi.com/highlights?id=40656 Funds received in the form of share premium - additions u/s 56(2)(viib) r.w.s. 68 - Clause (viib) of Section 56(2) is triggered at the stage of computation of income itself when the share application money received, from a resident, by a Company, in which the public are not substantially interested; is above the face value. en-us Fri, 03 Aug 2018 13:49:07 +0530 Fri, 03 Aug 2018 13:49:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=40656 Funds received in the form of share premium - additions u/s 56(2)(viib) r.w.s. 68 - Clause (viib) of Section 56(2) is triggered at the stage of computation of income itself when the share application money received, from a resident, by a Company, in which the public are not substantially interested; is above the face value. Highlights Income Tax Fri, 03 Aug 2018 13:49:07 +0530 https://www.taxtmi.com/highlights?id=40656