https://www.taxtmi.com/article/detailed?id=12863 The rule permits an assessee to adopt prescribed valuation methods for determining fair market value of shares; an Assessing Officer may scrutinize the assumptions, inputs and arithmetic of the chosen valuation report (such as a DCF) but lacks jurisdiction to substitute an alternative valuation method (such as NAV) in place of the method selected by the assessee. en-us Thu, 22 Aug 2024 10:28:29 +0530 Thu, 22 Aug 2024 10:28:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12863 The rule permits an assessee to adopt prescribed valuation methods for determining fair market value of shares; an Assessing Officer may scrutinize the assumptions, inputs and arithmetic of the chosen valuation report (such as a DCF) but lacks jurisdiction to substitute an alternative valuation method (such as NAV) in place of the method selected by the assessee. Articles Income Tax Thu, 22 Aug 2024 10:28:29 +0530 https://www.taxtmi.com/article/detailed?id=12863