Held that the no fault was found in method applied by assessee as per the valuation report of the chartered Accountant. Addition was deleted. (AY. 2015-16)
Mantram Commodities (P.) Ltd. v. ITO (2021) 188 ITD 687 (Delhi)(Trib.)
S. 56 : Income from other sources-Shares at premium-Valuation was done as per the certificate of the Chartered Accountant-Addition was held to be not justified. [S. 56 (2)(viib), R. 11UA]