The issue or transfer of equity shares or other securities invariably involves the valuation of the underlying company. c. transferred by a person resident outside India to a person resident in India shall not exceed: the price worked out in accordance with the relevant Securities and Exchange Board of India guidelines in case of a listed Indian company; a) the …
A well-known policy objective of the government is to widen the tax base and bring unaccounted income and wealth to tax. The information being collected directly from taxpayers now includes details of directorships held, details of investment in unlisted equity shares and a separate Assets and Liabilities schedule, which is applicable where the total income of the taxpayer during the …
