Section 56(2)(viib) Exemption: Start-up Share Premiums Not Taxed if DPIIT Recognized, Subject to Conditions.

Section 56(2)(viib) Exemption: Start-up Share Premiums Not Taxed if DPIIT Recognized, Subject to Conditions. https://www.taxtmi.com/highlights?id=70108 Angle Tax - Investment in Start-ups Recognized by DPIIT - Provision of section 56(2)(viib) of IT Act 1961, shall not apply to consideration received by a company for issue of shares that exceeds the face value of such shares subject to conditions - Notification en-us Fri, 02 Jun 2023 14:56:39 +0530 Fri, 02 Jun 2023 15:05:38 +0530 TaxTMI RSS Generator Section 56(2)(viib) Exemption: Start-up Share Premiums Not Taxed if DPIIT Recognized, Subject to Conditions. https://www.taxtmi.com/highlights?id=70108 Angle Tax - Investment in Start-ups Recognized by DPIIT - Provision of section 56(2)(viib) of IT Act 1961, shall not apply to consideration received by a company for issue of shares that exceeds the face value of such shares subject to conditions - Notification Highlights Income Tax Fri, 02 Jun 2023 14:56:39 +0530 https://www.taxtmi.com/highlights?id=70108