https://www.taxtmi.com/caselaws?id=428659 The Tribunal directed the AO to delete the addition of Rs. 9,00,90,000, as it found the share valuation using the DCF method to be substantiated and in accordance with accounting principles. The Tribunal emphasized the need for concrete evidence when rejecting valuations, ultimately allowing the assessee's appeal and highlighting the importance of credible valuation methods. en-us Fri, 09 Sep 2022 00:00:00 +0530 Fri, 07 Oct 2022 13:10:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428659 The Tribunal directed the AO to delete the addition of Rs. 9,00,90,000, as it found the share valuation using the DCF method to be substantiated and in accordance with accounting principles. The Tribunal emphasized the need for concrete evidence when rejecting valuations, ultimately allowing the assessee's appeal and highlighting the importance of credible valuation methods. Case-Laws Income Tax Fri, 09 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428659