under Section 56(2) (viib) of
the ITA, 1961 r.w. Rule 11UA of the I-T Rules 1962 and therefore, the
said addition ... appreciating that choice of a valuation method, as per Rule
11UA(2) rests with the Appellant Company and not with the AO and
hence
under Section 56(2) (viib) of
the ITA, 1961 r.w. Rule 11UA of the I-T Rules 1962 and therefore, the
said addition ... appreciating that choice of a valuation method, as per Rule
11UA(2) rests with the Appellant Company and not with the AO and
hence
prescribed
method of valuation in accordance with the Rule 11U & 11UA
of Income Tax Rule, 1962 with respect to the unquoted shares.
2. Whether ... 50CA in
accordance with the Rule 11U & 11UA of Income Tax Rules,
1962.
3. Whether in the facts and circumstances of the case
prescribed method of valuation in accordance with the Rule
11U & 11UA of Income Tax Rule, 1962 with respect to the unquoted
shares.
2. Whether ... section 56(2)(x) in accordance with the
Rule 11U & 11UA of Income Tax Rules, 1962.
3. Whether in the facts and circumstances
Investments Pvt. Ltd.
The method has been prescribed in Rules 11U and 11UA. Rule
11UA(1) deals with valuation of various types of assets. Insofar ... unlisted equity shares and securities is concerned,
clause (c) of Rule 11UA(1) is applicable. Clause (c), in turn, has
two sub-clauses
section 56(2)(viib) of the I.T. Act r.w. Rule 11UA of the I.T Rules.
6.1 Further, referring to the Auditor Report ... section 56(2)(viib) of the Income Tax Act read with rule
11UA of the Income Tax Rule.
The Learned Pr. Commissioner of Income
premium including applicability of section 68 and section
56(2)(viib) /Rule 11UA. The AO passed the order
Assistant Commissioner Of Income-Tax, ... vs Prasanna Purple Mobility Solutions ... on 19 February, 2026
IN
Prasanna Purple Mobility Solutions ... vs Assistant Commissioner Of Income-Tax, ... on 19 February, 2026
IN
fair market value of
the shares in terms of provisions of Rule 11UA of the
Income Tax Rules, 1962.
13. On an application made
