VALUATION OF UNQUOTED SHARES –AN ANALYSIS
AN ANALYSIS- VALUATION OF UNQUOTED SHARES Finance Act, 2017 inserted two new provisions under the Act- under Section 56(2)(x) section 50CA. The said sections were inserted to deal with a situation where the property, including unquoted shares, are being transacted for inadequate consideration much below the FMV of such property. Insertion of clause (x) in …