PCIT v. Microfilm Capital (P.) Ltd. (2020) 113 taxmann.com 88 (Cal.)(HC) Editorial : SLP of revenue is dismissed, PCIT v. Microfilm Capital (P.) Ltd. (2020) 269 Taxman 1 (SC)

S. 145 : Method of accounting-Valuation of shares-No substantial question of law. [S. 260A]

Dismissing the appeal of the revenue the Court held that  the valuation  of shares accepted by the Tribunal being possible view, the order of Tribunal is affirmed.