https://www.taxtmi.com/caselaws?id=430186 The CIT(A) ruled in favor of the assessee, holding that the share premium received was justified using the DCF method and supported by the net asset value of the partnership firm. The additions made by the AO were deleted, and the Revenue's appeal was dismissed, affirming the CIT(A)'s decision. en-us Wed, 12 Oct 2022 00:00:00 +0530 Mon, 14 Nov 2022 09:01:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430186 The CIT(A) ruled in favor of the assessee, holding that the share premium received was justified using the DCF method and supported by the net asset value of the partnership firm. The additions made by the AO were deleted, and the Revenue's appeal was dismissed, affirming the CIT(A)'s decision. Case-Laws Income Tax Wed, 12 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430186