V1
Tax / FEMA valuation
Startups aur private companies
- Rule 11UA ya FEMA pricing report
- DCF ya NAV method
- Assumptions ka note
- Filing support
Scope dekh kar fixed quote
Exact fee kaam ka scope dekhne ke baad likhit mein fix hoti hai
CA · CMA · Valuation
Funding round, share transfer, ESOP, merger, partner ka exit ya family settlement — har purpose ke liye valuation ka law aur signatory alag hai. Hum purpose samajh kar sahi method lagate hain aur report ko audit, tax aur RBI ki nazar se defensible banate hain.
Kaam mein kya shamil hai
Fees
Fee purpose, company ke size, data ki availability aur report ke type par depend karti hai. Jahan law Registered Valuer ya Merchant Banker maangta hai, wahan registered professional ke saath coordinate karke report dilwate hain.
Startups aur private companies
Scope dekh kar fixed quote
Exact fee kaam ka scope dekhne ke baad likhit mein fix hoti hai
Preferential issue, merger, non-cash
Scope dekh kar fixed quote
Exact fee kaam ka scope dekhne ke baad likhit mein fix hoti hai
Business sale, partner exit, family settlement
Scope dekh kar fixed quote
Exact fee kaam ka scope dekhne ke baad likhit mein fix hoti hai
Is page par di gayi jaankari general information hai, professional advice nahi. Positions facts aur us waqt ke law par depend karti hain — apne case ke liye humse baat kar lijiye.
Ek hi share issue par Income-tax, FEMA aur Companies Act teeno lagte hain — hum teeno ke hisaab se report align karte hain.
Har assumption ka source aur reason — taaki auditor, AO ya RBI ke sawal ka jawab report mein hi ho.
Scope
Purpose ke saath report ka format, method aur signatory badalta hai.
Equity, CCPS aur CCD issue ke liye Income-tax, FEMA aur Companies Act teeno angle.
Promoter, partner ya family ke beech transfer — FMV aur stamp duty ka asar.
Grant aur exercise par FMV, aur ESOP pool ki planning.
Share exchange ratio aur scheme ke liye valuation.
Business sale, slump sale, goodwill aur intangible assets.
Ind AS ke liye fair value, impairment aur purchase price allocation.
Kanoon kya kehta hai
Galat signatory ya galat method ki report law ki nazar mein report hi nahi — isliye purpose sabse pehle tay hota hai.
Preferential allotment, non-cash consideration, merger aur kai cases mein IBBI ke Registered Valuer ki report zaroori.
Shares ki transfer ya allotment mein FMV prescribed rules ke hisaab se; FMV se kam par lene wale ke haath 'income from other sources'.
Share premium par tax ka provision (56(2)(viib)) AY 2025-26 se hata diya gaya hai.
Non-resident ko shares issue/transfer internationally accepted pricing methodology se fair value par; CA, SEBI Merchant Banker ya practising Cost Accountant ka certificate.
Unlisted company ke ESOP par perquisite ke liye FMV Merchant Banker ki report se.
Insolvency mein fair value aur liquidation value do Registered Valuers se.
Ye baatein pehle se jaan lijiye
Companies Act ke kaam ke liye sirf CA certificate, jahan IBBI Registered Valuer chahiye tha.
DCF mein aise projections jo pichhle performance se bilkul alag aur bina explanation.
Allotment ki date se kaafi purani valuation — tax aur FEMA dono mein sawal.
FEMA ki report ko Income-tax ya Companies Act ke liye use karna — har law ki shartein alag.
Kai methods mein se ek kyun chuna, report mein likha hi nahi.
Non-resident ko fair value se kam par issue — FEMA violation aur compounding.
CGA ka process
Report kis authority ke liye hai aur kaun sign karega — pehle din tay.
Financials, projections, cap table aur transaction documents.
Industry, comparables aur assumptions ka discussion management ke saath.
Methods, weights aur conclusion — aapke review ke liye.
Signed report, UDIN ya registration number ke saath, aur filings mein support.
Documents
Ye list taiyar rakhiye. Photo ya scan WhatsApp par bhej dijiye — original sirf zaroorat par. Case ke hisaab se list thodi badal sakti hai.
Zaroori
Valuation report ek opinion hai jo assumptions par tiki hoti hai. Department ya court assumptions ko challenge kar sakta hai — isliye har assumption ka basis likhit mein hona chahiye.
Companies Act aur IBC mein sirf IBBI Registered Valuer aur ESOP ke liye Merchant Banker ki report hi valid hai. CA certificate har jagah kaafi nahi.
Generally Income-tax ke liye Rule 11UA ke hisaab se FMV, Companies Act ke preferential allotment ke liye Registered Valuer ki report, aur foreign investor ho toh FEMA pricing guidelines ke hisaab se report. Ek round mein teeno ki zaroorat pad sakti hai.
Section 56(2)(viib) wala angel tax AY 2025-26 se hata diya gaya hai. Lekin share lene wale ke haath 56(2)(x) aur FEMA ki pricing guidelines abhi bhi lagti hain.
Chalu business jiska future cash flow hai, usme DCF zyada relevant hota hai. Asset-heavy ya band hone wali company mein NAV. Report mein yeh reason likhna zaroori hai ki kaunsa method kyun chuna.
Law fix din nahi batata, lekin valuation date transaction ke kareeb honi chahiye. FEMA mein practice ke hisaab se 90 din se purani report par sawal uthte hain.
Income-tax ke kai cases aur FEMA mein CA certificate valid hai. Companies Act aur IBC mein IBBI Registered Valuer, aur unlisted ESOP mein Merchant Banker zaroori hai.
Aur bhi
Valuation kis kaam ke liye chahiye aur company kis stage par hai — itna bataiye. Hum bata denge ki kaunsa report, kis professional se, aur kitne time mein.