Read more about the article CBDT Amends Rule 11UA Incorporating New Valuation Methods | Includes Norms for Valuing “CC Preference Shares”

CBDT Amends Rule 11UA Incorporating New Valuation Methods | Includes Norms for Valuing “CC Preference Shares”

CBDT Amends Rule 11UA The valuation of shares issued by unlisted companies is a crucial aspect of taxation, especially for startups and investors. Section 56(2)(viib) of the Income-tax Act, 1961…

Continue ReadingCBDT Amends Rule 11UA Incorporating New Valuation Methods | Includes Norms for Valuing “CC Preference Shares”