AO made  addition to assessee’s income on account of valuation of unquoted equity shares of various companies purchased by assessee after invoking provisions of section 56(2)(viia) of the Act.  Tribunal held that there was a huge difference in valuation done by AO and working given by assessee, which prima facie appeared to be based on method laid down in Rule 11UA. Accordingly  the stay is granted .  (AY.2015-16)