Fair market value deemed full consideration where consideration is unascertainable, affecting capital gains computation. Where consideration received or accruing on transfer of a capital asset is not ascertainable or cannot be determined, the fair market value of the asset ... Summary
Fair market value deemed full consideration where consideration is unascertainable, affecting capital gains computation.
Where consideration received or accruing on transfer of a capital asset is not ascertainable or cannot be determined, the fair market value of the asset on the date of transfer shall be deemed to be the full value of consideration for computing income chargeable as capital gains, effective from 1 April 2013.
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