It was held that AO was entitled to scrutinize the valuation report as well as undertake a fresh valuation or appoint an independent valuer for the same provided that the basis of valuation is DCF method. Reliance was placed on the High Court order in case of Vodafone M-Pesa Ltd. v. Pr. CIT  (2018) 256 Taxman 240 (Bom.)(HC), where the matter was restored with AO for a fresh decision where AO was directed to follow DCF method and was not allowed to change the method opted by the assessee. Followed Innoviti Payment Solutions Pvt. Ltd.  v. ITO (2019) 175 ITD 10 (Bang.)(Trib.). (AY. 2016-17)