CBDT has notified additional methods for valuation of Unquoted shares and Compulsory Convertible Preference Shares for Resident and Non-resident Investors.
CBDT has also notified safe harbour of 10% variation for Net Asset Method & DCF method in case of Resident investors and for Net Asset Method, DCF method and 5 New notified methods in case of Non-resident Investors.
This notification will be applicable w.e.f. 25th September 2023.