Deemed Income and Share Issuance: Understanding Section 56(2) and Its Impact on Fair Market Value and Tax Implications.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Deemed income u/s 56(2) - consideration for issue of shares that exceeds the face value of such shares - determination of fair market value - tax has to be factored while determining the net rate of return on investments. - AT....