https://www.taxtmi.com/caselaws?id=11692 The Tribunal upheld the valuation of shares at Rs. 38.50 plus Rs. 65 for capital gains calculation, rejecting the appellant's interpretation based on the offer price of Rs. 10 per share. The decision emphasized the need to consider the agreed price between parties as specified in the transaction documents, aligning with tax laws and legal principles. This judgment clarifies valuation considerations in share transactions for capital gains tax assessment, emphasizing adherence to offer terms for determining share value and ensuring consistency with legal precedents in tax law interpretation. en-us Wed, 16 Oct 2002 00:00:00 +0530 Sat, 06 Feb 2010 10:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11692 The Tribunal upheld the valuation of shares at Rs. 38.50 plus Rs. 65 for capital gains calculation, rejecting the appellant's interpretation based on the offer price of Rs. 10 per share. The decision emphasized the need to consider the agreed price between parties as specified in the transaction documents, aligning with tax laws and legal principles. This judgment clarifies valuation considerations in share transactions for capital gains tax assessment, emphasizing adherence to offer terms for determining share value and ensuring consistency with legal precedents in tax law interpretation. Case-Laws Income Tax Wed, 16 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11692