https://www.taxtmi.com/caselaws?id=430153 The case involved the valuation of unquoted equity shares for the Assessment Year 2013-14. The CIT(A) deleted the addition of Rs. 4,70,25,000 made under Section 56(2)(viib) by the Assessing Officer, based on the valuation using the Discounted Cash Flow (DCF) method. The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal against the deletion of the share premium addition. en-us Fri, 14 Oct 2022 00:00:00 +0530 Sat, 12 Nov 2022 09:14:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430153 The case involved the valuation of unquoted equity shares for the Assessment Year 2013-14. The CIT(A) deleted the addition of Rs. 4,70,25,000 made under Section 56(2)(viib) by the Assessing Officer, based on the valuation using the Discounted Cash Flow (DCF) method. The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal against the deletion of the share premium addition. Case-Laws Income Tax Fri, 14 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430153