https://www.taxtmi.com/circulars?id=9440 Where the break-up method is used to value unquoted equity shares no discount for restrictions on alienability is allowed; for investment and holding companies, alternative valuation methods may permit a marketability discount to be determined on the facts, with the Board prescribing a typical range and requiring reference for higher discounts. The same guidance applies to gift-tax valuation under the corresponding rule. en-us Thu, 10 Dec 1981 00:00:00 +0530 Sat, 04 Jun 2011 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9440 Where the break-up method is used to value unquoted equity shares no discount for restrictions on alienability is allowed; for investment and holding companies, alternative valuation methods may permit a marketability discount to be determined on the facts, with the Board prescribing a typical range and requiring reference for higher discounts. The same guidance applies to gift-tax valuation under the corresponding rule. Circulars Income Tax Thu, 10 Dec 1981 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9440