Search Results for Tag : Share Capital

News

COMPANY - Conversion of Unaccounted Money Through Cloak of Share Capital/Premium Must be Scrutinised: SC(07.03.2019)

Supreme Court has observed that assessee is under a legal obligation to prove receipt of share capital/premium to satisfaction of Assessing Officer, f.....

Tags : Supreme Court, Share Capital/Premium, Conversion of Unaccounted Money

Del. HC: IT Addition Eligible for Deduction u/s 80-IC of IT Act if Made Towards Unsub. Share Capital(04.04.2024)

Delhi High Court has held that Income Tax Addition are eligible for deduction under Section 80-IC of the Income Tax Act, 1961 if they are made towards.....

Tags : Delhi High Court, Section 80-IC of IT Act, Income Tax Addition, Unsubstantiated Share Capital

Supreme Court: Stamp Duty Not to be Paid on Every Increase in Share Capital(09.04.2024)

Supreme Court has held that if stamp duty has already been paid on the increase in share capital of the company and the Articles of Association remain.....

Tags : Supreme Court, Stamp Duty, Share Capital, Articles of Association

ITAT, Delhi Upholds Order Against Gandhi Family on Commercial Immovable Property(06.04.2022)

Income Tax Appellate Tribunal, Delhi has upheld the case against the Gandhi family in relation with commercial immovable properties worth more than Rs.....

Tags : Income Tax Appellate Tribunal, Gandhi family, commercial immovable properties, Rs 800 crore, Young Indian, share capital of Rs 5 lakh, hawala entry, Rs 1 crore

SC: Valuation Report is Not Mandatory For Share Capital Reduction U/S 66 Companies Act(11.03.2026)

Supreme Court observed that “Reduction of share capital can be achieved by a special resolution and confirmation by the Tribunal, without a report of .....

Tags : Valuation Report, Share Capital, Companies Act

Notifications & Circulars

Companies (Share Capital and Debentures) Third Amendment Rules, 2016(19.07.2016)

The government introduced the Companies (Share Capital and Debentures) Third Amendment Rules 2016, amending the extant 2014 rules.

Among th.....

Tags : company, share capital, rules, amendment, 2016

Notification of date on which share capital of the National Bank for Financing Infrastructure and Development stands allotted to the Central Government(07.02.2022)

In exercise of the powers conferred by sub-section (2) of section 5 of the National Bank for Financing Infrastructure and Development Act, 2021 (17 of.....

Tags : Notification, Date, Share capital

CCI approves acquisition of 100% share capital of L&T Investment Management Limited by HSBC Asset Management (India) Private Limited(10.03.2022)

The Competition Commission of India (CCI) approves acquisition of 100% share capital of L&T Investment Management Limited (L&T AMC/Target) by HSBC Ass.....

Tags : Acquisition, Share capital, Approval

CCI approves proposed acquisition of C&S Electric Limited by Siemens Limited(20.08.2020)

The Competition Commission of India (CCI) approves proposed acquisition of C&S Electric Limited by Siemens Limited. The proposed combination envisages.....

Tags : Share capital, Acquisition, Approval

Companies (Share Capital and Debentures) Amendment Rules, 2022(04.05.2022)

In exercise of the powers conferred by sub-section (1) and (3) of section 56 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2.....

Tags : Share Capital, Debentures, Amendment Rules

CCI approves proposed acquisition of 49% of the total equity share capital of Odisha Power Generation Corporation Limited by Adani Power Limited(30.07.2020)

The Competition Commission of India (CCI) approves proposed acquisition of 49% of the total equity share capital of Odisha Power Generation Corporatio.....

Tags : Acquisition, Share capital, OPGC