https://www.taxtmi.com/caselaws?id=751160 The Tribunal allowed the appeal of the assessee against the Ld. CIT(A)-NFAC, Delhi, for the AY 2014-15 concerning the addition of Rs. 46,52,400/- as share premium to the assessee's income. The Tribunal found that the AO incorrectly valued the shares, ignoring the valuation report from a registered valuer. It directed the AO to delete the addition, emphasizing the necessity of adhering to proper valuation methods and recognizing the validity of reports from registered valuers. en-us Tue, 05 Mar 2024 00:00:00 +0530 Tue, 09 Apr 2024 08:22:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751160 The Tribunal allowed the appeal of the assessee against the Ld. CIT(A)-NFAC, Delhi, for the AY 2014-15 concerning the addition of Rs. 46,52,400/- as share premium to the assessee's income. The Tribunal found that the AO incorrectly valued the shares, ignoring the valuation report from a registered valuer. It directed the AO to delete the addition, emphasizing the necessity of adhering to proper valuation methods and recognizing the validity of reports from registered valuers. Case-Laws Income Tax Tue, 05 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751160