https://www.taxtmi.com/caselaws?id=369129 The Tribunal directed the AO to delete the addition made under Section 56(2)(viib) of the Income Tax Act, as the benefit of the share premium passed only from mother to daughter, and there was no scope for taxing such transactions under the Act. The appeal of the assessee was allowed. en-us Mon, 27 Aug 2018 00:00:00 +0530 Fri, 17 Jul 2026 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369129 The Tribunal directed the AO to delete the addition made under Section 56(2)(viib) of the Income Tax Act, as the benefit of the share premium passed only from mother to daughter, and there was no scope for taxing such transactions under the Act. The appeal of the assessee was allowed. Case-Laws Income Tax Mon, 27 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369129