Court Rules AO's Valuation Method for Share Transfer u/s 56 Unlawful; Multiple Methods Allowed for Assessees.

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....Transfer of shares without adequate consideration - Method of valuation u/s 56 - Section 56 allows the assessee to adopt one of the methods of their choice. But, the AO held that the assessee should have adopted only one method for determining the value of the shares - Action of AO is not legal and and proper - AT....