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<\/i> GST Notice <\/a> CBDT proposes changes to Rule 11UA <\/h1> <\/div>
To bring the consideration received from non-residents for the issuance of shares under the purview of section 56(2)(viib) of the Income-tax Act, 1961 (the Act), which states that if the consideration for the issuance of shares exceeds the Fair Market Value (FMV) of the shares, it shall be chargeable to income-tax under the head â€œIncome from other sources,â€ an amendment has been made to the Finance Act, 2023. <\/p>
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<\/div> Krishna Gopal Varshney <\/a>
An editor at Myitronline<\/p> <\/div>

May 08, 2024<\/li>
5 min read<\/li>
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#CBDT<\/a> <\/li>
# angel tax<\/a> <\/li>
# amendments to Angel tax<\/a> <\/li>
# angel investors<\/a> <\/li>
# tax regulations<\/a> <\/li> <\/ul> <\/div> <\/div>

To bring the consideration received from non-residents for the issuance of shares under the purview of section 56(2)(viib) of the Income-tax Act, 1961 (the Act), which states that if the consideration for the issuance of shares exceeds the Fair Market Value (FMV) of the shares, it shall be chargeable to income-tax under the head â€œIncome from other sources,â€ an amendment has been made to the Finance Act, 2023.

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Krishna Gopal Varshney <\/a><\/h4> An editor at Myitronlinenews<\/small> <\/div> View Articles<\/a> <\/div>
Krishna Gopal Varshney, Founder & CEO of Myitronline Global Services Private Limited at Delhi. A dedicated and tireless Expert Service Provider for the clients seeking tax filing assistance and all other essential requirements associated with Business\/Professional establishment. Connect to us and let us give the Best Support to make you a Success. Visit our website for latest Business News and IT Updates. <\/p> <\/div> <\/div>

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