Answers On Topic: Valuation of shares
The assessee is a private limited company. The share value of the company is Rs.100/- As per Balance sheet the share value is Rs.350/- Can the company issue shares to an investor at face value? Ifso what would be the income tax implication in the hands of the company as well as the Investor?
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can AO reduce share valuation of unquoted shares sod u/s 50D vis a vi s one adopted by Assessee and deny 54F to that extent ?
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Issue of shares