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CBDT Circular granting relief to fresh issue of Shares was applied only once before it’s Withdrawal: FM
The Central Board of Direct Taxes ( CBDT ) had issued Circular 10/2018 dated 31.12.2018 to clarify that provisions of Section 56(2)(viia) of the...
![Premium earned on Allotment of Preference Shares by a Loss-Making entity can’t be Taxed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Shares-Taxscan.jpg "Premium earned on Allotment of Preference Shares by a Loss-Making entity can’t be Taxed: ITAT [Read Order]")