This book is an attempt to explain the basic concept of business valuation in simple and lucid manner. This book introduces the concept of valuation in use for Merger and Acquisition. This book also introduces the concept of valuation of goodwill, valuation of shares, valuation of brands and business which are used as basic ingredient to corporate restructuring. This book interprets application of Accounting Standards Ind AS and AS and International Financial Reporting Standards IFRSs with respect to fair value.