https://www.taxtmi.com/article/detailed?id=13265 Rule 11UA sets out a formula for FMV of unquoted equity shares by aggregating adjusted asset values, market valuations for specific asset classes, FMV of shares and securities, and stamp-duty values for immovable property, less liabilities, and allocating the net to paid-up share capital; it permits multiple valuation methods including DCF. Customary disclaimers in valuation reports do not automatically invalidate an approved method, and retrospective comparison of projections with later actuals is not an appropriate basis to reject a permitted valuation under the Rule. en-us Mon, 30 Dec 2024 10:49:45 +0530 Mon, 30 Dec 2024 10:49:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13265 Rule 11UA sets out a formula for FMV of unquoted equity shares by aggregating adjusted asset values, market valuations for specific asset classes, FMV of shares and securities, and stamp-duty values for immovable property, less liabilities, and allocating the net to paid-up share capital; it permits multiple valuation methods including DCF. Customary disclaimers in valuation reports do not automatically invalidate an approved method, and retrospective comparison of projections with later actuals is not an appropriate basis to reject a permitted valuation under the Rule. Articles Income Tax Mon, 30 Dec 2024 10:49:45 +0530 https://www.taxtmi.com/article/detailed?id=13265