https://www.taxtmi.com/caselaws?id=779356 ITAT remanded the matter to the AO for fresh consideration of the valuation under s.56(2)(vvib), noting the assessee had produced a DCF report valuing shares at Rs.33.63 and a NAV-based valuation of Rs.67.71 per share which CIT(A) failed to address. The Tribunal found the NAV contention viable and directed the AO to reassess the issue afresh, allowing the assessee an adequate opportunity of hearing; appeal allowed for statistical purposes. en-us Tue, 30 Sep 2025 00:00:00 +0530 Sat, 04 Oct 2025 08:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779356 ITAT remanded the matter to the AO for fresh consideration of the valuation under s.56(2)(vvib), noting the assessee had produced a DCF report valuing shares at Rs.33.63 and a NAV-based valuation of Rs.67.71 per share which CIT(A) failed to address. The Tribunal found the NAV contention viable and directed the AO to reassess the issue afresh, allowing the assessee an adequate opportunity of hearing; appeal allowed for statistical purposes. Case-Laws Income Tax Tue, 30 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779356