Assessing Officer rejected the valuation of unquoted shares held by the assessee and made an addition under section 56(2)(viib) of the Act. CIT deleted the addition. On appeal, the Tribunal held that since the assessee had taken FMV valuation relying upon data available in audited/ published financials of respective corporate entities, the value of unquoted equity shares investment held by the assessee had been correctly calculated. Order of CIT A) is affirmed.  (AY. 2016-17)