https://www.taxtmi.com/notifications?id=140818 Amendment prescribes elective methods to determine the fair market value of unquoted equity shares and compulsorily convertible preference shares, including a net asset-based formula, merchant banker valuations (Discounted Free Cash Flow and specified alternative methods), and option to adopt issue prices where consideration from venture capital or notified entities falls within prescribed timing and aggregation limits; merchant banker reports within a prescribed pre-issue period may be deemed the valuation date and a deeming rule treats the issue price as fair market value when it does not exceed the computed valuation by a limited margin. en-us Mon, 25 Sep 2023 00:00:00 +0530 Tue, 26 Sep 2023 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=140818 Amendment prescribes elective methods to determine the fair market value of unquoted equity shares and compulsorily convertible preference shares, including a net asset-based formula, merchant banker valuations (Discounted Free Cash Flow and specified alternative methods), and option to adopt issue prices where consideration from venture capital or notified entities falls within prescribed timing and aggregation limits; merchant banker reports within a prescribed pre-issue period may be deemed the valuation date and a deeming rule treats the issue price as fair market value when it does not exceed the computed valuation by a limited margin. Notifications Income Tax Mon, 25 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=140818