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Delaware, USA
A venture of Corporate Professionals
The issuance of equity instruments to residents or non-residents falls under the scope of applicable Income Tax provisions, requiring compliance with relevant rules and regulations. The fair market value of the unquoted equity shares is determined by a merchant banker. Note: However, the above stated provision will not be applicable from 01st April 2025.
Income Tax Act 1961
Income Tax Rules 1962
Merchant Banker
At the time of issuance of Equity securities
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