https://www.taxtmi.com/highlights?id=61217 Addition u/s 56(2)(viib) - difference between the fair market value (FMV) of the shares and the value actually received - the balance sheet drawn up as on 31/03/2013 was rightly taken by the Assessing Officer as well as the ld. CIT(A) for the determination of the FMV of the shares sold by the assessee on 15/07/2013 as per Clause (b) of Rule 11U for the purpose of sub-rule (2) of Rule 11UA being the balance sheet drawn up immediately preceding the valuation date. - AT en-us Fri, 31 Dec 2021 11:15:57 +0530 Fri, 31 Dec 2021 11:15:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61217 Addition u/s 56(2)(viib) - difference between the fair market value (FMV) of the shares and the value actually received - the balance sheet drawn up as on 31/03/2013 was rightly taken by the Assessing Officer as well as the ld. CIT(A) for the determination of the FMV of the shares sold by the assessee on 15/07/2013 as per Clause (b) of Rule 11U for the purpose of sub-rule (2) of Rule 11UA being the balance sheet drawn up immediately preceding the valuation date. - AT Highlights Income Tax Fri, 31 Dec 2021 11:15:57 +0530 https://www.taxtmi.com/highlights?id=61217