Calculator For Fair Market Value (FMV) for Share Premium Case !


fair_market_valueFMV or Fair Market Value of share which is issued on  premium by a closely held company is required to be computed to compare with the issue price  as the excess  value  now required addition as deemed income u/s 56(2)(viib) . Thus receipt of excess of premium on share from a resident persons by a closely held company  on or  after 01/04/2012 (Assessment Year 2013-14) has to  be added in total income of share issuing company u/s 56(2)(viib) of the Income Tax Act. The computation method of the excess value received as premium are prescribed under Rule  11UA(2) which was notified vide NOTIFICATION NO. 52/2012 [F.NO. 142/19/2012-SO (TPL)]/SO 2805(E), DATED 29-11-2012. Download Rule 11UA Notification

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