Section 56(2)(viib): Assessee Proves Genuine Share Transactions, Avoids Additions with Valuer's Report Showing Fair Share Price.

Section 56(2)(viib): Assessee Proves Genuine Share Transactions, Avoids Additions with Valuer's Report Showing Fair Share Price. https://www.taxtmi.com/highlights?id=49060 Additions u/s 56(2)(viib) - share application money received - share premium - assessee has proved identity and genuineness of the transactions by filing necessary evidences. The assessee has filed valuation report from registered valuer as per which the share price of the company is over and above premium charged by the assessee - No additions. en-us Mon, 02 Sep 2019 08:12:25 +0530 Mon, 02 Sep 2019 08:12:25 +0530 TaxTMI RSS Generator Section 56(2)(viib): Assessee Proves Genuine Share Transactions, Avoids Additions with Valuer's Report Showing Fair Share Price. https://www.taxtmi.com/highlights?id=49060 Additions u/s 56(2)(viib) - share application money received - share premium - assessee has proved identity and genuineness of the transactions by filing necessary evidences. The assessee has filed valuation report from registered valuer as per which the share price of the company is over and above premium charged by the assessee - No additions. Highlights Income Tax Mon, 02 Sep 2019 08:12:25 +0530 https://www.taxtmi.com/highlights?id=49060