Valuation of shares
This query is : Resolved
13 May 2013
For the valuation of unquoted shares of a pvt ltd company,what value of land should be taken-book value or fair market value as on the date of valuation?
15 May 2013
Market value of land has to be taken based on Valuation report of an Approved valuer.
15 May 2013
plz support ur answer with proper Income Tax sections as I have to explain it to my client!Urgent
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