Amended rules for valuation of unquoted equity shares

By | May 9, 2017
(Last Updated On: May 9, 2017)

Amended rules for valuation of unquoted equity shares

The Central Board of Direct Taxes issued a release along with a draft notification proposing to amend the rules used to determine the method of valuation of unquoted equity shares for the purpose of applying section 56(2)(x) and section 50CA of the Income-tax Act, 1961. Read a May 2017 report [PDF 278 KB] of KPMG

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