Section 56 2 viib Valuation Report in New Delhi
Last updated: 14 Oct 2026
Quick Answer: Section 56(2)(viib) angel tax does not apply from AY 2025-26 onward. Virtual Auditor assists businesses in New Delhi with pending Section 56(2)(viib) scrutiny for AY 2024-25 and earlier. For new transactions, we assess Rule 11UA / Section 56(2)(x) valuation requirements and FEMA pricing separately, where applicable; the abolition of angel tax does not remove those requirements.
Compliance Information
ROC: ROC Delhi. Pincode: 110001.
Indicative Fee Structure
| Service | Fee |
|---|---|
| Angel Tax Valuation | Starts from ₹35,000 + govt fees |
| Book a Consultation | 30 minutes, no obligation |
Frequently Asked Questions
Do you provide angel tax valuation in New Delhi?
Yes. Virtual Auditor serves clients in New Delhi, Delhi. National capital and major business centre. Contact +91 99622 60333 to book a consultation.
What is the nearest Virtual Auditor office to New Delhi?
Our nearest office depends on your location. Chennai (HQ): Spencer Plaza, Anna Salai. Bangalore: MG Road. Mumbai: Goregaon West. All services available remotely for New Delhi clients.
How do I get started with angel tax valuation in New Delhi?
Call +91 99622 60333 or WhatsApp us. Free 30-minute consultation. We handle the complete process for New Delhi businesses with no location surcharges.
Which Registrar of Companies handles filings for a company in New Delhi?
ROC Delhi has jurisdiction over companies with a registered office in New Delhi. Virtual Auditor files SPICe+, PAS-3, SH-7 and annual returns with that office on your behalf.
What stamp duty applies to a share transfer in New Delhi?
Stamp duty on a transfer of shares is 0.015% of the consideration under Article 62 of Schedule I to the Indian Stamp Act, 1899, as amended with effect from 1 July 2020; the rate is the same in every state, including New Delhi. Stamp duty on the share purchase agreement itself follows the Indian Stamp Act, 1899 (Delhi schedule).
Do you have an office in New Delhi?
No. New Delhi is served remotely from our Mumbai office, about 1,367 km away: documents are exchanged online, filings are made on the MCA, GST and income-tax portals, and meetings are held by video or at that office by appointment.
Which valuation rule applies to my transaction and period, including any historical assessment?
It depends on the transaction and the tax year. Share issues made up to 31 March 2024 may still be examined under the old angel-tax provision, section 56(2)(viib), with value under Rule 11UA(2): net asset value or a merchant banker’s DCF, at the company’s option. Share issues from 1 April 2024 are outside angel tax. Shares received for less than their fair market value are taxed in the recipient’s hands (section 56(2)(x)), using the formula in Rule 11UA(1), and the seller may be taxed on fair value under section 50CA. From tax year 2026-27, the Income-tax Act, 2025 and the Income-tax Rules, 2026 apply, so the corresponding provisions must be cited. We match each transaction to its period and rule and say who must sign the report.
Angel Tax Valuation Report in New Delhi — Section 56(2)(viib)
New Delhi hosts a diverse mix of MSMEs, professional services, and trading businesses, with growing density of corporate registrations and compliance activity.
Why CA V. Viswanathan and Virtual Auditor for New Delhi?
Virtual Auditor is led by CA V. Offices in Chennai, Bangalore, and Mumbai serve clients across India and pan-India, with all engagements running on secure document-room workflows and weekly status updates.
Get Started — Free 30-Minute Consultation
To discuss your specific New Delhi requirement, call +91 99622 60333 or email support@virtualauditor.in. We will provide a clear scope, timeline, and fixed-fee quote within 24 hours of the consultation. References from comparable engagements available on request, subject to client confidentiality.
Section 56(2)(viib) Practice Considerations in New Delhi
For startups and closely held companies in New Delhi, the Section 56(2)(viib) computation under Rule 11UA(2) interlocks with three local touchpoints: assessing-officer charge under ITAT Delhi (multiple benches — largest in India) appellate jurisdiction, AD-bank reporting under Delhi is the second-largest AD-I market after Mumbai; every foreign bank operates a dedicated mid- and large-corporate desk in Connaught Place / Nehru Place / Aerocity, and the FEMA pricing regime where any non-resident subscriber is on the cap table. Stamp duty on the underlying allotment instruments follows the New Delhi schedule — 0.15% of authorised capital on MOA capped at ₹25 lakh (Indian Stamp Act, Delhi) — which adds up materially on large authorised-capital rounds.
New Delhi houses the principal headquarters of the Government of India — Ministry of Finance, MCA, DGFT, RBI Northern Office, North Block, Udyog Bhawan — and the registries of the Supreme Court, Delhi High Court principal bench, and ITAT principal bench. Connaught Place and Janpath remain the densest ad-cat-I corporate-banking centre in north India.
The economic mix of New Delhi runs across media & advertising, wholesale trade (Naya Bazar, Khari Baoli, Old Delhi), retail & FMCG HQs — sectors that consistently dominate the regulatory case-load and the profile of the engagements we field from this jurisdiction. Notable industrial enclaves include Okhla Industrial Area, Bawana Industrial Area. On the AD-Bank side, Delhi is the second-largest AD-I market after Mumbai; every foreign bank operates a dedicated mid- and large-corporate desk in Connaught Place / Nehru Place / Aerocity.
Delhi hosts ITAT's principal bench, the High Court bench with the largest TP-litigation docket, and the headquarters of the CBDT, DGFT, MCA and Competition Commission of India — making it the regulatory and judicial centre of gravity for company law in India.
Choice of Valuation Method — New Delhi Sector Context
For companies in heavy-asset sectors prevalent in New Delhi (e.g. financial & professional services), an NAV cross-check is essential because the DCF and NAV will diverge, and the assessing officer typically anchors on whichever lower figure supports a Section 56(2)(viib) addition.
Recent Assessment Patterns under ITAT Delhi (multiple benches — largest in India)
From our practice across ITAT Delhi (multiple benches — largest in India) appeals, the most common reasons that 56(2)(viib) additions are made — and either survived or struck down on appeal — are: (a) inadequate documentation of the projected cash-flow assumptions (Income Tax Officer challenge under Rule 11UA(2)(b) explanation); (b) absence of comparable-company cross-check in the valuation report (a soft requirement under best-practice but heavily relied on by CIT(A)); (c) cap-table inconsistency with the FC-GPR filing where a non-resident is on the round — this triggers parallel FEMA enquiry and erodes the 56(2)(viib) defence.
FEMA Pricing Interaction for New Delhi Cap Tables with Non-Residents
For New Delhi-based companies, the AD-bank channel becomes the operational reporting loop: typically Delhi is the second-largest AD-I market after Mumbai.
Engagement — New Delhi Coverage
Reports are signed under IBBI Registered Valuer credentials (IBBI/RV/03/2019/12333) where required by statute, and supported through assessment, CIT(A), and ITAT proceedings under ITAT Delhi (multiple benches — largest in India). Free 30-minute consultation: +91 99622 60333.
New Delhi: compliance facts for section 56 2 viib valuation report
Delhi is the seat of the central government, the RBI's and CBDT's policy-making offices and the headquarters of many PSUs, trade bodies and media houses; its private economy is services, wholesale trade, real estate and the professional firms serving the whole NCR. The Delhi Startup Policy and the Delhi Shops and Establishments Act, 1954 govern most new businesses. Companies file with ROC Delhi, litigate before the Delhi High Court, and the NCLT Principal Bench at New Delhi and ITAT Delhi hear company and tax matters. For section 56 2 viib valuation report this means the company’s filings go to ROC Delhi and tribunal matters to NCLT New Delhi (Principal Bench); where a non-resident invests, the price is also checked against the FEMA pricing rules.
Which authorities handle section 56 2 viib valuation report for a business in New Delhi?
| Registrar of Companies | ROC Delhi |
|---|---|
| NCLT bench | NCLT New Delhi (Principal Bench) |
| Stamp duty on share transfer | 0.015% of consideration (Indian Stamp Act, 1899, Schedule I, Art. 62 as amended w.e.f. 1 Jul 2020 — uniform across India) |
| High Court | Delhi High Court |
| State startup policy | Delhi Startup Policy, 2022 |
| Startup nodal agency | Delhi Startup Policy Monitoring Committee / Department of Industries |
| Nearest Virtual Auditor office | Mumbai office — Workafella, AK Estate, SV Road, off Veer Savarkar Flyover, Goregaon West, Mumbai 400062 (about 1,367 km by road from New Delhi) |
New Delhi companies file with ROC Delhi; writ remedies lie before the Delhi High Court; company-law and insolvency matters go to the NCLT New Delhi (Principal Bench).
Statutory references for this service are on the national section 56 2 viib valuation report page: https://virtualauditor.in/section-562viib-valuation-report
What has changed in the law — reviewed October 2026
- Income-tax Act, 2025 is in force from 1 April 2026; the section numbers on this page are those of the Income-tax Act, 1961, which continues to govern assessment years up to 2026-27.
- Angel tax under section 56(2)(viib) does not apply from assessment year 2025-26; a Rule 11UA valuation is still needed for section 56(2)(x), FEMA pricing and ESOP pricing.