https://www.taxtmi.com/caselaws?id=412397 The tribunal remanded the case back to the Assessing Officer (AO) to consider the valuation report submitted by the assessee, specifically using the Discounted Cash Flow (DCF) method for determining the fair market value of shares. The tribunal directed the AO to adhere to the decision in a specific case, allowing the assessee an opportunity for a hearing and cooperation in the reassessment proceedings. The appeal was allowed for statistical purposes. en-us Wed, 07 Jul 2021 00:00:00 +0530 Fri, 17 Sep 2021 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412397 The tribunal remanded the case back to the Assessing Officer (AO) to consider the valuation report submitted by the assessee, specifically using the Discounted Cash Flow (DCF) method for determining the fair market value of shares. The tribunal directed the AO to adhere to the decision in a specific case, allowing the assessee an opportunity for a hearing and cooperation in the reassessment proceedings. The appeal was allowed for statistical purposes. Case-Laws Income Tax Wed, 07 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412397