https://www.taxtmi.com/notifications?id=133360 Rule 11UAD exempts transfers of movable property consisting of unquoted shares from the operation of section 50CA where the Tribunal has suspended the company's board on a Central Government application and appointed Government nominated directors, and where such shares are transferred pursuant to a Tribunal approved resolution plan after affording a reasonable opportunity of being heard to the jurisdictional Principal Commissioner or Commissioner. en-us Tue, 30 Jun 2020 00:00:00 +0530 Wed, 01 Jul 2020 09:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133360 Rule 11UAD exempts transfers of movable property consisting of unquoted shares from the operation of section 50CA where the Tribunal has suspended the company's board on a Central Government application and appointed Government nominated directors, and where such shares are transferred pursuant to a Tribunal approved resolution plan after affording a reasonable opportunity of being heard to the jurisdictional Principal Commissioner or Commissioner. Notifications Income Tax Tue, 30 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133360