https://www.taxtmi.com/caselaws?id=785784 Dispute concerned taxation of share allotment where share premium exceeded fair market value as determined under the income-tax valuation rules; AO rejected the assessees valuation and the departments DCF inputs were found unsubstantiated, leading AO to compute FMV and make an addition of Rs.14,26,48,000. ITAT examined the valuation evidence and procedural irregularities, set aside the appellate order that had disturbed AOs assessment, and allowed the revenues appeal, thereby restoring the addition for excess share premium. Parties are anonymised and factual details limited to amounts and valuation findings. en-us Tue, 20 Jan 2026 00:00:00 +0530 Sat, 31 Jan 2026 08:55:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785784 Dispute concerned taxation of share allotment where share premium exceeded fair market value as determined under the income-tax valuation rules; AO rejected the assessees valuation and the departments DCF inputs were found unsubstantiated, leading AO to compute FMV and make an addition of Rs.14,26,48,000. ITAT examined the valuation evidence and procedural irregularities, set aside the appellate order that had disturbed AOs assessment, and allowed the revenues appeal, thereby restoring the addition for excess share premium. Parties are anonymised and factual details limited to amounts and valuation findings. Case-Laws Income Tax Tue, 20 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785784