https://www.taxtmi.com/highlights?id=72767 Addition u/s 56 (2)(viib) - Valuation of shares - Faire Market Value (FMV) - the assessee has himself filed a valuation certificate before AO and accepted fair market value at Rs. 19.23 per share, hence the assessee does not have any dispute, quarrel or grievance qua the fair market value. Therefore, AO has rightly arrived at the difference by finding difference of issue price and fair market value and thereby made addition. - AT en-us Fri, 27 Oct 2023 20:59:56 +0530 Sat, 28 Oct 2023 12:03:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72767 Addition u/s 56 (2)(viib) - Valuation of shares - Faire Market Value (FMV) - the assessee has himself filed a valuation certificate before AO and accepted fair market value at Rs. 19.23 per share, hence the assessee does not have any dispute, quarrel or grievance qua the fair market value. Therefore, AO has rightly arrived at the difference by finding difference of issue price and fair market value and thereby made addition. - AT Highlights Income Tax Fri, 27 Oct 2023 20:59:56 +0530 https://www.taxtmi.com/highlights?id=72767