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Income Tax | AO Cannot Replace DCF With NAV Under Rule 11UA; CCD Conversion Attracts Section 56(2)(viib): ITAT Kolkata
ITAT Kolkata held CCD conversion attracts Section 56(2)(viib), but AO cannot replace assessee’s DCF valuation with NAV under Rule 11UA. The post AO Cannot Replace DCF With NAV Under Rule 11UA; CCD Conversion Attracts Section 56(2)(viib): ITAT Kolkata appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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