https://www.taxtmi.com/caselaws?id=290443 The appeals filed by the Revenue against the Commissioner of Income Tax (Appeals)-11, Chennai, for AYs 2013-14 & 2014-15 were delayed by 14 days, which were condoned. The appeals were disposed of on merits, with the CIT(A) order being favored over the Assessment Officer's order. The valuation methods employed by the assessee, including the Discounted Cash Flow method, were deemed acceptable, and minor variations were considered insignificant. The appeals were dismissed in favor of the assessee based on findings related to the limitation of time for assessment and share premium valuation issues. en-us Tue, 26 Mar 2019 00:00:00 +0530 Sat, 26 Sep 2020 11:40:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290443 The appeals filed by the Revenue against the Commissioner of Income Tax (Appeals)-11, Chennai, for AYs 2013-14 & 2014-15 were delayed by 14 days, which were condoned. The appeals were disposed of on merits, with the CIT(A) order being favored over the Assessment Officer's order. The valuation methods employed by the assessee, including the Discounted Cash Flow method, were deemed acceptable, and minor variations were considered insignificant. The appeals were dismissed in favor of the assessee based on findings related to the limitation of time for assessment and share premium valuation issues. Case-Laws Income Tax Tue, 26 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290443