Share premium formed part of share capital amp; shareholders funds can’t be brought to tax as revenue receipt: ITAT

INCOME TAX : Share premium amount received by assessee company) could not be brought to tax as revenue receipt and consequently same could not be treated as income under section 56(1)INCOME TAX : Share premium amount received by assessee company) could not be brought to tax as revenue receipt and consequently same could not be treated as income under section 56(1)www.taxmann.com Latest Case LawsRead More

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