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Case Law Details

Case Name : BLP Vayu (Project-1) Pvt. Ltd Vs PCIT (ITAT Delhi)
Appeal Number : I.T.A. No. 4895/DEL/2019
Date of Judgement/Order : 31/05/2023
Related Assessment Year : 2014-15
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BLP Vayu (Project-1) Pvt. Ltd Vs PCIT (ITAT Delhi)

The assessee company issued 513978 shares @ Rs 1284.10 per share to its 100% Holding Company in tune with the valuation report following DCF method towards calculation of fair market value of shares as per Rule 1

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A Chartered Accountant qualified in the year 1991 and a law graduate, practicing as a Chartered Accountant in New Delhi. View Full Profile

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Assessment order not bearing DIN number is non-est in the eyes of law Huge cash deposit, AO made adequate enquiries, Section 263 not invocable Assessee have independent statutory right to file reply to SCN & draft assessment order View More Published Posts

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