Assessing Officer rejected DCF method of valuation adopted by assessee and determined value of shares on basis of Net Asset value (NAV) method  and  calculated 3.74 crores as income u/s. 56(2)(viib) of the Act. On appeal the Tribunal held that since Assessing Officer had proceeded to determine value of shares by adopting different method without scrutinizing valuation report furnished by assessee under DCF method, impugned order passed by him was to be set aside and matter was to be remanded back to him with direction to examine said issue afresh. (AY. 2016-17)