Judgement

The ITAT, Ahmedabad, has recently held that an assessing officer must first refer the matter to the Departmental Valuation Officer (DVO) to determine Fair Market Value.

AO Must Refer to DVO for Fair Market Value: ITAT Deletes Addition Based Solely on Estimates

News

Income Tax Department is set to issue amended valuation standards under IT Act for determining fair market value (FMV) of unlisted company shares for the purpose of levying tax on non-resident investments.

IT Department to soon revised Valuation Standards for taxing Foreign Investments in Unlisted Corporations

Fair Market Value of Share for Sec 56: Variance of 1% in Issue price & FMV immaterial; ITAT Deletes Addition

CBDT notifies rule 11UAB for Determination of fair market value for inventorywhich has been converted into, or treated as, capital asset. [ 

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AO Must Refer to DVO for Fair Market Value: ITAT Deletes Addition Based Solely on Estimates

IT Department to soon revised Valuation Standards for taxing Foreign Investments in Unlisted Corporations

Fair Market Value of Share for Sec 56: Variance of 1% in Issue price & FMV immaterial; ITAT Deletes Addition

CBDT notifies rule 11UAB | Determination of fair market value for inventory

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

AO Must Refer to DVO for Fair Market Value: ITAT Deletes Addition Based Solely on Estimates

IT Department to soon revised Valuation Standards for taxing Foreign Investments in Unlisted Corporations

Fair Market Value of Share for Sec 56: Variance of 1% in Issue price & FMV immaterial; ITAT Deletes Addition

CBDT notifies rule 11UAB &#124; Determination of fair market value for inventory

CBDT notifies rule 11UAB | Determination of fair market value for inventory