Assessee issued shares at premium and accordingly followed Discounted Cash Flow (DCF) method for valuation of share premium. Assessing Officer applied Net Asset Value (NAV) method and made addition. On appeal the Tribunal held that DCF method could be applied for valuation of shares during relevant previous year as same was recognized under section 56(2)(viib) which was introduced by Finance Act, 2012 and applicable in current assessment year 2013-14.  Addition was set aside. Remanded to the Assessing Officer for decision afresh.  (AY. 2013-14)