Section 56 2 viib Valuation Report in Odisha

Key Takeaway: IBBI Registered Valuer report for Income Tax Rule 11UA to defend premium share issuance against Section 56(2)(viib) Angel Tax scrutiny. Virtual Auditor provides expert angel tax valuation in Odisha. FCA, ACS, CFE, IBBI Registered Valuer (IBBI/RV/03/2019/12333). Serving Odisha businesses since 2012.

Our Service Scope in Odisha

Compliance Information

ROC: ROC Cuttack. Pincode: 751001.

Indicative Fee Structure

ServiceFee
Angel Tax ValuationFrom ₹35,000
Free Consultation30 minutes, no obligation

Frequently Asked Questions

What is Section 56(2)(viib)?

A provision under the Income Tax Act that taxes funds raised by a closely held company at a premium exceeding the fair market value as 'income from other sources' (Angel Tax).

Who can issue a Rule 11UA valuation report?

Only a Category-I Merchant Banker or an Accountant can issue it, but increasingly IBBI Registered Valuers are required or highly preferred for indisputable credibility.

Can DPIIT startups get an exemption?

Yes, subject to fulfilling certain conditions and filing Form 2. We assist with DPIIT recognition and Angel Tax exemption filings.

Do you provide angel tax valuation services in Odisha?

Yes. Virtual Auditor serves clients across Odisha from our offices in Chennai, Bangalore, and Mumbai. We handle the complete process remotely with in-person meetings available at our nearest office. Contact +91 99622 60333.

What is the ROC jurisdiction for Odisha?

Companies registered in Odisha fall under ROC Cuttack. Virtual Auditor handles all ROC filings for Odisha-registered companies.

What is the stamp duty for company registration in Odisha?

Stamp duty in Odisha: As per state schedule. Professional tax: ₹2,500/year. Contact us for exact computation based on your authorised capital.

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