Court Rules Discounted Cash Flow Method Mandatory for Valuing Shares u/s 56(2)(viib) of Income Tax Act.

Court Rules Discounted Cash Flow Method Mandatory for Valuing Shares u/s 56(2)(viib) of Income Tax Act. https://www.taxtmi.com/highlights?id=53929 Addition u/s. 56[2] [viib] - method for valuation of the shares - equity and preference shares allotted by assessee to various residents at a premium - Discounted Cash Flow [DCF] method for valuation of the shares v/s net asset method - AO should follow DCF method only. en-us Mon, 06 Jul 2020 12:45:34 +0530 Mon, 06 Jul 2020 12:45:34 +0530 TaxTMI RSS Generator Court Rules Discounted Cash Flow Method Mandatory for Valuing Shares u/s 56(2)(viib) of Income Tax Act. https://www.taxtmi.com/highlights?id=53929 Addition u/s. 56[2] [viib] - method for valuation of the shares - equity and preference shares allotted by assessee to various residents at a premium - Discounted Cash Flow [DCF] method for valuation of the shares v/s net asset method - AO should follow DCF method only. Highlights Income Tax Mon, 06 Jul 2020 12:45:34 +0530 https://www.taxtmi.com/highlights?id=53929