gave the deficiencies of valuation Report As already
mentioned, method of valuation of 'equity shares' and that of valuation of
'preference shares ... different The ICAI also gives guidelines separately."
12. Referring to the ICAI guidelines for valuation of preference shares be
held as under
crores but the
guideline value fixed by Stamp Valuation Authority was at Rs.3.50
crores, thereby difference of Rs.25 lakhs. The PCIT ... between the stamp value adopted by some valuation authority as
per guideline value and sale deed registered by assessee. The ld.AR
stated that
2022
A.Y. 2018-19
Raw Pressery Pvt. Ltd.
the valuation report obtained from Chartered Accountant under the
Discounted Cash Flow Method ('DCF Method ... Section 56(2)(viib) of the Act, he
contended that the valuation guidelines did not apply to shares issued
by private companies to non-residents
mandate a valuation
exercise. It allows for a mutually agreed price for purchase/sale of shares.
Further, the valuation guidelines were amended only from ... certificate, for the purpose valuation of Equity and
Preference shares, the guideline value of the land and building is
considered by the CA which
downward revision made by
Registration Department of Land and Building Valuation and
guideline value was reduced from 3000 per square feet to 2010 per
square ... downward
vide guideline value from 2017 and the comparative details filed by
assessee's counsel reads as under:-
Guideline value Guideline value
section (b) of Section 4 relates to valuation of
goods which are not transacted through sale. Valuation Rules have
been formulated as a guide ... determination of value is
clearly contrary to the principle of valuation and guidelines contained
in Section 4(1) and Valuation Rules, 2000. The appellant
read with section 56(2)(viib) and valuation report was
prepared as per guidelines given by ICAI and no fault was found
in same. Therefore ... read with section 56(2)(viib) and valuation report was
prepared as per guidelines given by ICAI and no fault was found in same
bank have mentioned that approved
MPA is not necessary for valuation. Provide the guidelines of the bank
depicting therein that approved Map (by Municipal committee ... public authority.
Page 2 of 5
(iii) Copy of valuation is attached.
(iv) Guidelines cannot be provided as it is for internal circulation only
such there is no NHAI guideline for valuation of
structures (and other assets) attached to land. The same may be obtained
through concerned Division ... which are the concerned authority for structural valuation. There is no
separate policy for correction in valuation under NHAI.
For any clarification, the applicant
Valuation of investments in AFS and HFT categories
has consistently been done scrip-wise for tax
purposes in earlier years. Therefore, for tax purposes
valuation ... case of Deutsche
Bank AG and that the valuation is as per RBI
guidelines. It was contended by the assessee that it is
a well
