Taxcharcha
Income TaxLatest

Draft rules on Angel tax provisions on consideration received from Non Resident investors by Closely Held Companies

The Central Board of Direct Taxes (CBDT) has published the Draft rules for valuation of unquoted equity shares. The said rules have been taken as an amendment to the Rule 11UA of the Income tax rules 1962. The said draft rules have been opened to suggestions / comments from the stakeholders as well as the general public by 5th June 2023 and the same can be send at the email address – ustpl2@nic.in.

To view and download the Draft rules, click here

Draft rules for valuation of unquoted equity shares

 

Related posts

Rule 8AC – Computation of short term capital gains and written down value under section 50 where depreciation on goodwill has been obtained

Team Taxcharcha

CBDT releases JSON utility for ITR 1 and ITR 4 for AY 2021-22

Team Taxcharcha

Notification no. 12/2018 – Central tax(Rate) – Extending applicability of RCM from 30-06-2018 to 30-09-2018

Team Taxcharcha