| 000 | 00950npc a2200157Ia 4500 | ||
|---|---|---|---|
| 008 | 140613s2013 xx 000 0 und d | ||
| 060 | _a332.6322 | ||
| 100 | _aNATARAJAN, S | ||
| 245 |
_aDealings in shares _bTaxation aspects |
||
| 260 | _c2013 | ||
| 300 | _a1481-1485 | ||
| 520 | _aA new subclause (2) (vii b) under section 56 of the income tax act has been introduced vide Finance Act 2012 applicable only to a corporate assessee. The Act amended section 56(2) of the act and takes effect from April 1, 2013. The new sub clauseprovides the if a company, in which the public is not substantially interested, issues shares to any person resident in India for a consideration exceeding the fair market value of such shares, then the aggregate consideration so exceeding the fair market value will stand taxed as income from other sources. | ||
| 653 | _aSTOCK MARKET | ||
| 773 |
_oP15169 _nM _921895 _011164 _tCHARTERED SECRETARY |
||
| 942 |
_2ddc _cARTCL |
||
| 999 |
_c12360 _d12360 |
||