Thursday, July 26, 2018

Co. can file valuation report as an additional evidence to support the valuation of its unlisted shares

IT : Where assessee filed CA report as per Assessing Officer's direction but no opportunity was given by Assessing Officer to assessee to exercise its option given as per Explanation (a)(ii) to section 56(2)(viib), valuation report of Registered valuer filed by assessee as additional evidence before Commissioner was justified

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