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    Issuing Shares in Private Company requires valuation?

    Posted By : Shiriti / Published on : 30-Apr-2018 11:42 PM / View : 826 / Comment : 0

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    Dear Members, To issue shares through Right Issue, do the Pvt. The company requires its shares to be valued by CA or Can it issue its shares at Rs.10 (fully paid up). I Think there is no restriction on Companies Act, But does Income Tax Mandates valuation of shares before issuing ?? Curtsy: CS Sonia Yadav
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