https://www.taxtmi.com/notifications?id=140194 Provisions of section 56(2)(viib) shall not apply to consideration received by a company for issue of shares that exceeds face value where the company is recognized as a DPIIT startup, meets the conditions in paragraph 4 of the DPIIT recognition notification, and files the declaration required by paragraph 5 of that notification; the notification supersedes the earlier 2019 communication and is effective from the stated commencement of the fiscal period. en-us Wed, 24 May 2023 00:00:00 +0530 Fri, 02 Jun 2023 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=140194 Provisions of section 56(2)(viib) shall not apply to consideration received by a company for issue of shares that exceeds face value where the company is recognized as a DPIIT startup, meets the conditions in paragraph 4 of the DPIIT recognition notification, and files the declaration required by paragraph 5 of that notification; the notification supersedes the earlier 2019 communication and is effective from the stated commencement of the fiscal period. Notifications Income Tax Wed, 24 May 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=140194