https://www.taxtmi.com/forum/issue?id=114556 The operative valuation for company shares where the asset is leasehold land is the value taken for assessment of stamp duty; this statutory valuation standard, as invoked by the respondent referring to the applicable valuation rule, governs income tax valuation rather than relying on book value or the company's internal figures. en-us Tue, 29 Jan 2019 18:01:38 +0530 Thu, 23 Jan 2025 15:55:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114556 The operative valuation for company shares where the asset is leasehold land is the value taken for assessment of stamp duty; this statutory valuation standard, as invoked by the respondent referring to the applicable valuation rule, governs income tax valuation rather than relying on book value or the company's internal figures. Discussion-Forum Income Tax Tue, 29 Jan 2019 18:01:38 +0530 https://www.taxtmi.com/forum/issue?id=114556