![Wrong Classification of Wages: ITAT Directs Reclassification as Direct Expenses, Deletes Addition for Incorrect Stock Valuation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/stock-valuation.jpg "Wrong Classification of Wages: ITAT Directs Reclassification as Direct Expenses, Deletes Addition for Incorrect Stock Valuation [Read Order]")
Wrong Classification of Wages: ITAT Directs Reclassification as Direct Expenses, Deletes Addition for Incorrect Stock Valuation [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition made due to the alleged undervaluation of stock, directing the...
![Valuation of Disputed Property for Stamp Value: ITAT Directs AO to Refer DVO [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Stamp-value-ITAT-Property-valuation-disputed-property-Valuation-of-Disputed-Property-AO-DVO-AO-to-Refer-DVO-taxscan.jpg "Valuation of Disputed Property for Stamp Value: ITAT Directs AO to Refer DVO [Read Order]")
![IBBI reprimands Plants and Machinery Valuer for Lack of Due Diligence in Valuation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/IBBI-IBBI-reprimands-Plants-Plants-and-Machinery-Machinery-Diligence-in-Valuation-taxscan.jpg "IBBI reprimands Plants and Machinery Valuer for Lack of Due Diligence in Valuation [Read Order]")
Addition to Difference in Stock as per Books and Valuation Report can't be made without Credible Evidence: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that an addition on the difference in stock as per books and valuation report can't be made without credible evidence. The...
![Addition to Difference in Stock as per Books and Valuation Report cant be made without Credible Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Addition-Difference-in-Stock-Books-and-Valuation-Report-Credible-Evidence-Evidence-ITAT-Taxscan.jpg "Addition to Difference in Stock as per Books and Valuation Report cant be made without Credible Evidence: ITAT [Read Order]")
Company Audit and AGM on 31st March: ITAT upholds Rejection of Valuation Report Violating Rule 11UA [Read Order]
Delhi Bench of Income Tax Appellate Tribunal (ITAT) upheld the rejection of valuation report submitted by the assessee on the grounds that it violated the rule 11UA of Income Tax Rules. The appeal...
![Company Audit and AGM on 31st March: ITAT upholds Rejection of Valuation Report Violating Rule 11UA [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Company-Audit-AGM-ITAT-Valuation-Report-Violating-TAXSCAN.jpg "Company Audit and AGM on 31st March: ITAT upholds Rejection of Valuation Report Violating Rule 11UA [Read Order]")
Addition of income u/s 56(2)(viib) read with Rule 11UA (2) of the Income Tax Rules without verifying Valuation report is not permissible: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that the Addition of income u/s 56(2)(viib) read with Rule 11UA (2) of the Income Tax Rules without verifying Valuation report is...
Relief to Startups from Angel Tax: Proper Methodology to be followed while Valuing a Company during Valuation rounds, says Delhi High Court [Read Judgment]
The Delhi High Court while giving relief to the startups from angel tax ruled that if a proper methodology is followed while valuing a company during valuation rounds, it should not be challenged...
![Relief to Startups from Angel Tax: Proper Methodology to be followed while Valuing a Company during Valuation rounds, says Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Angel-Tax-Startups-Delhi-High-Court-Valuation-Taxscan.jpg "Relief to Startups from Angel Tax: Proper Methodology to be followed while Valuing a Company during Valuation rounds, says Delhi High Court [Read Judgment]")
![ICAI issues FAQs on Valuation [Read FAQs]](https://www.taxscan.in/wp-content/uploads/2018/09/ICAI-Election-Taxscan.jpg "ICAI issues FAQs on Valuation [Read FAQs]")
![Auditor can’t Issue Valuation Certificates to Auditee Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/06/Auditor.jpg "Auditor can’t Issue Valuation Certificates to Auditee Company: ITAT [Read Order]")