ICAI releases Technical Guide on Valuation of Business in Telecom Tower Industry

ICAI - Technical Guide - Valuation of Business - Telecom Tower Industry - taxscan

The Institute of Chartered Accountants of India (ICAI) has released a Technical Guide on Valuation of Business in Telecom Tower Industry.

The Valuation Standards Board (VSB) was formed to formulate ICAI Valuation Standards with a view to ensuring consistent, uniform and transparent valuation policies for the members undertaking Valuation Assignments and to set up concepts, principles and procedures which are generally accepted internationally having regard to legal framework and practices prevalent in India.

The Board also Interacts/ Represents on issues relating to Valuation with Government/IBBI. Continuing with the joint endeavours for the benefit of the Valuation Professionals in India, the Valuation Standards Board of ICAI and ICAI Registered Valuers Organisation are bringing out this publication “Technical Guide on Valuation of Business in Telecom Tower Industry”.

The technical guide aims to provide guidelines for valuation of business in telecom tower industry and includes the key issues that are impacting the valuation of business in this industry.

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