Section 56(2)(viib) was introduced through the Finance Act, 201,,2 with the primary intention of curbing tax avoidance and the circulation of unaccounted money. The provision […]
Section 56(2)(viib)
Section 56(2)(viib) Explained: Valuation Methods, Angel Tax Impact, and Compliance Challenges
The Indian tax framework has long been concerned with preventing abusive practices involving the circulation of unaccounted money. One of the ways private companies often […]