https://www.taxtmi.com/caselaws?id=415791 The Appellate Tribunal directed the Assessing Officer to reconsider the valuation of shares for the assessment year 2015-16 in accordance with the law, emphasizing the use of the discounted cash flow method chosen by the assessee. The Tribunal highlighted the importance of adhering to the chosen valuation method and comparing actual share prices with projected prices. The appeal by the Revenue was considered allowed for statistical purposes, indicating a favorable outcome for the assessee in the case. en-us Wed, 08 Dec 2021 00:00:00 +0530 Tue, 14 Dec 2021 08:40:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415791 The Appellate Tribunal directed the Assessing Officer to reconsider the valuation of shares for the assessment year 2015-16 in accordance with the law, emphasizing the use of the discounted cash flow method chosen by the assessee. The Tribunal highlighted the importance of adhering to the chosen valuation method and comparing actual share prices with projected prices. The appeal by the Revenue was considered allowed for statistical purposes, indicating a favorable outcome for the assessee in the case. Case-Laws Income Tax Wed, 08 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415791