Court Rules Discounted Cash Flow Method Mandatory for Valuing Shares u/s 56(2)(viib) of Income Tax Act.

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....Addition u/s. 56[2] [viib] - method for valuation of the shares - equity and preference shares allotted by assessee to various residents at a premium - Discounted Cash Flow [DCF] method for valuation of the shares v/s net asset method - AO should follow DCF method only.....