Tag: Finance Act 2012; Income Tax Act 1961; SEBI (Alternative Investment Fund Regulations) 2012; angel investors
Legal Effect Of Amendment To Section 56(2) Of Income Tax Act, 1961
| 16 Comments on Legal Effect Of Amendment To Section 56(2) Of Income Tax Act, 1961Garima Shahani NOTE ON LEGAL EFFECT OF AMENDMENT TO SECTION 56(2) OF INCOME TAX ACT, 1961 ON ANGEL INVESTMENTS ABSTRACT The Union Budget 2012 has introduced a new clause in the Income Tax Act, 1961, according to which, with effect from April 1, 2013, that portion of consideration received for the issue of shares of […]
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