The interplay between statutory valuation rules and real-world transaction prices often sparks disputes under Section 56(2)(x). In Aathmika Holdings Pvt. Ltd., the Chennai ITAT was called upon to decide whether a negotiated third-party price could override the formula-based FMV prescribed by Rule 11UA.
Ratchets in M&A: Navigating the tax and regulatory field in India
In today’s deals, investors are taking bolder bets on niche, unproven businesses where future performance is highly uncertain. This makes it even harder — for both founders and investors — to answer a basic question:...
1 day ago
Navneet Education Absorbs Indiannica’s CBSE and ICSE Portfolio to Drive Growth Synergies
The board of Directors of Navneet Education Limited (NEL) and Indiannica Learning Private Limited (ILPL) approved a composite scheme to consolidate its complementary publishing portfolios into a single entity, creating...
3 weeks ago
Insolvency and Bankruptcy Board of India (IBBI)’s Order Suspending Registered Valuer
On October 1, 2025, the Insolvency and Bankruptcy Board of India (IBBI) issued a disciplinary order against Mr. Chandran R (Valuer), a Registered Valuer for land and building, following an inspection into his valuation...
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