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Tax Implications of Preference Shares Issued to Directors by Divya Rathod is a document available to read on EtoBox.
- Author
- Divya Rathod
- Language
- EN
Tax Implications of Preference Shares Issued to Directors by Divya Rathod is a document available to read on EtoBox.
The ITAT Raipur ruled that the provisions of section 56(2)(viib) of the Income-tax Act apply to preference shares issued to directors, as no exceptions exist for such cases. The Assessing Officer