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Angel tax India: Centre notifies final angel tax rules, retains all five valuation methodology from draft rules

The government announced revised Angel Tax regulations, preserving the five valuation methods from the draft rules. They introduced a mechanism for determining the fair market value of Compulsorily Convertible Preference Shares (CCPS) for both resident and non-resident investors. The rules, effective from September 25, also allow for minor valuation discrepancies, aiming to minimize inconvenience for investors.
Amit Agarwal Nangia Co Angel Tax Compulsorily Convertible Preference Shares Indian Income Tax Act New Angel Tax Rules

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