AO Cannot Replace DCF Method with NAV Method for Share Valuation Under Section 56(2)(viib): Mumbai ITAT Deletes ₹36.54 Crore Addition In a major ruling on startup and share premium taxation, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) in Catwalk Worldwide Limited v. Assistant Commissioner of Income Tax has held that the Assessing…
The post AO Cannot Replace DCF Method with NAV Method for Share Valuation Under Section 56(2)(viib): Mumbai ITAT Deletes ₹36.54 Crore Addition appeared first on The Tax Talk.
