Addition u/s 56(2)(viib) - Method of valuation of share - The AO ...
Dispute Over Share Valuation Method Under Income Tax Act Section 56(2)(viib); AO's Approach Criticized for Inaccuracy.
January 18, 2020
Case Laws Income Tax AT
Addition u/s 56(2)(viib) - Method of valuation of share - The AO or Ld. CIT(A) is trying to evaluate the accuracy of the valuation at the time of assessment, this is not proper and also the factuals are based on so many factors subsequent to adoption of projection and valuation.
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