Deciphering the amendments to Section 56(2)(viib) & Rule 11UA(2) of the Income Tax Act post-Finance Bill 2023, impacting FDI and startup ecosystems. Explore the key provisions and valuation methodologies for unquoted equity shares received from residents and non-residents. Stay informed about the impact on closely held companies and exemptions for startups.
Decode the changes in tax rate with the new Finance Bill (Budget) 2023 – an individual’s guide to the new & old regime.
Understanding Section 194R TDS: Learn about the tax implications of receiving benefits or perquisites in business or profession.
Get the latest updates on income tax return under section 139(8A). Learn about the concept of ‘updated return’ introduced by Finance Act 2022.