Section 56(2)(viib) and Rule 11UA: No Income Additions for Share Valuation as Fair Market Value Complies with Regulations.
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....Additions u/s 56(2)(viib) r.w.r 11UA on account of undervaluation of shares - fair market value - share price calculated by the assessee of TEPL for ₹ 5 per shares has been determined in accordance with the provision of Rule 11UA - no additions - AT....


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