IFOS...sec56(2)(viib)

Direct Taxation

is the provision like consideration for issue of share is received by venture capital undertaking from venture capital company and by company from any other class of classes of person as notified by the central government for this purpose.... is this provision is relevant for CA inter??

Bharadwaj V

CA Inter

★ 15

04-Apr-21 18:34

688

Answers (3)

Best Answer

I think No...

Nagesh S Hegde

CA Inter

★ 11K+

05-Apr-21 12:18

Nagesh S Hegde

I think No...

Thank u so much broð???

Thread Starter

Bharadwaj V

CA Inter

★ 15

05-Apr-21 13:20

These exceptions to Sec 56(2)(viib) with respect to Venture capital undertaking and notified class of companies shall be dealt at CA final level

Sudha Reddy

CA Final

★ 20K+

05-Apr-21 14:51