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2020 (12) TMI 667 - AT - Income TaxAddition of share premium u/s 56(2)(viib) - Determining value of shares - HELD THAT:- AO has proceeded to determine the value of shares by adopting different method without scrutinizing the valuation report furnished by the assessee under DCF method. Accordingly, following the decisions rendered by the co-ordinate benches, we set aside the orders passed by Ld CIT(A) and restore the impugned issue to the file of the AO with the direction to examine this afresh as per the directions given by the co-ordinate bench in the case of Innoviti Payment Solutions P Ltd [2019 (1) TMI 688 - ITAT BANGALORE] - Appeal of the assessee is treated as allowed.
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