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Income Tax | Past Losses Cannot Turn DCF into NAV: ₹1.94 Crore “Angel Tax” Addition Deleted

24 Sept 2026 · 2d agoBy CA Vijayakumar ShettySource: TaxGuru

Past losses alone cannot justify replacing an assessee’s DCF share valuation with NAV under Rule 11UA: ITAT Mumbai. The post Past Losses Cannot Turn DCF into NAV: ₹1.94 Crore “Angel Tax” Addition Deleted appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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