https://www.taxtmi.com/caselaws?id=373523 The tribunal allowed the appeal for statistical purposes, setting aside the order of the Commissioner of Income Tax (Appeals) and directing the Assessing Officer to re-evaluate the valuation of equity shares using the Discounted Cash Flow (DCF) method. The tribunal emphasized the importance of reliable estimates in projections and the need for the assessee to substantiate the valuation report with empirical data and industry norms. The Assessing Officer was instructed to confront the assessee with the findings and ensure a fresh valuation based on accurate projections. en-us Wed, 09 Jan 2019 00:00:00 +0530 Thu, 06 Aug 2026 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373523 The tribunal allowed the appeal for statistical purposes, setting aside the order of the Commissioner of Income Tax (Appeals) and directing the Assessing Officer to re-evaluate the valuation of equity shares using the Discounted Cash Flow (DCF) method. The tribunal emphasized the importance of reliable estimates in projections and the need for the assessee to substantiate the valuation report with empirical data and industry norms. The Assessing Officer was instructed to confront the assessee with the findings and ensure a fresh valuation based on accurate projections. Case-Laws Income Tax Wed, 09 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373523