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Please Help: I/F/O/S

Posted Date : 06-May-2013 , 11:22:45 am | Posted By: Rekha

Category : Income Tax | Answers : 0| Comments : 1| Hits: 139

What about if Aggregate consideration rcvd.by co. is less its fair maket value of shares allotted by co. u/s 56 (viib)

Comments
Posted By : CA Pardeep Chanana 08-May-2013, 01:27:16
There would be no income chargeable under the head income from other sources.
 

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