CBDT notifies amended Rule 11UA for valuation of unquoted equity shares and compulsorily convertible preference shares

Published On: 04/10/2023

Practice Area: Tax


Angel tax valuation rules were finally notified by CBDT on 26 September 2023. The amended rule prescribes various guidelines and valuation methods applicable to resident as well as non-resident investors. INDUSLAW’s Lokesh Shah, Shruti KP and Gaurav Goyal analyse the key highlights and provide their insights on the amended rules.