Valuation under Rule 11UA

[Guest]

With reference to Rule 11UA for valuation of unquoted equity shares please help me with the adjustments to be made for Advance tax and Provision for Income Tax.

[DR.MARIAPPAN GOVINDARAJAN]

Whether you have got clarified in the above issue? If not please inform.

AI Summary

Valuation under Rule 11UA: treatment of advance tax and income-tax provisions in unquoted share valuation needs clarification. Valuation under Rule 11UA raises whether advance tax and provision for income tax are to be adjusted in valuing unquoted equity shares; the document records the query and a request for clarification but contains no authoritative determination on the inclusion or exclusion of those tax items in the valuation calculation.