“Section 56(2)(wi)”

Section References (mined)Section 56Section 56(2)(wi)2 judgments

DIABETOMICS MEDICAL PRIVATE LIMITED,HYDERABAD vs. ACIT, CIRCLE-8(1), HYDERABAD

In the result, all the three appeals of the Assessee\nare partly allowed

ITA 2149/HYD/2025[2018-19]Status: DisposedITAT Hyderabad11 Feb 2026AY 2018-19

For Appellant: \nCA MV Prasad AndFor Respondent: \nMS U Mini Chandran, CIT-DR

issue of shares by venture capital undertaking to venture capital\ncompany or venture capital fund is squarely covered by first\nproviso to section 56(2)(wi) (b) wherein it has been stated that said\nsection shall not apply.\n6.7 The appellant also placed reliance on the decision of the\nDelhi

DIABETOMICS MEDICAL PRIVATE LIMITED,HYDERABAD vs. ACIT, CIRCLE-8(1), HYDERABAD

ITA 2148/HYD/2025[2017-18]Status: DisposedITAT Hyderabad11 Feb 2026AY 2017-18

For Appellant: \nCA MV Prasad AndFor Respondent: \nMS U Mini Chandran, CIT-DR

Section 56(2)(viib)