Chapter XII-DASPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC )
Part CProcedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM )
Chapter XX-BREQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT )
Fair market value deemed full consideration when transfer consideration is unascertainable, guiding capital gains computation. Where consideration from transfer of a capital asset is not ascertainable, the fair market value of the asset on the date of transfer shall be deemed to ... Summary
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Fair market value deemed full consideration when transfer consideration is unascertainable, guiding capital gains computation.
Where consideration from transfer of a capital asset is not ascertainable, 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.
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