Held that the Assessing Officer has not pointed out any infraction of methodology in the valuation made by the valuer. Deletion of addition by the CIT(A) is affirmed. (AY. 2016-17)
ACIT v. Gama Pizzakraft (Overseas) (P) Ltd (2023) 224 TTJ 545 (Delhi)(Trib)
S. 56 : Income from other sources-Shares at premium-DCF method-Market value determined by Valuer-Assessing Officer has no right to change the method of valuation-Deletion of addition is affirmed. [S. 56(2)(viib), R.11UA]