Section 99(h) in The Companies (Indian Accounting Standards) Rules, 2015
(h)Cash-generating unit. A Level 2 input would be a valuation multiple (e.g. a multiple of earnings or revenue or a similar performance measure) derived from observable market data, e.g. multiples derived from prices in observed transactions involving comparable (i.e. similar) businesses, taking into account operational, market, financial and non-financial factors.
