Cost of acquisition rules fix fair market value for certain securities and deem prior receipt-valued property as acquisition cost. Amendment provides that for transfers of specified securities or sweat equity shares, the cost of acquisition shall be the fair market value taken into account for employment-related valuation; and where a property's value was taxed under the receipt-valuation rule, the cost of acquisition shall be deemed to be that value for capital gains computation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Cost of acquisition rules fix fair market value for certain securities and deem prior receipt-valued property as acquisition cost.
Amendment provides that for transfers of specified securities or sweat equity shares, the cost of acquisition shall be the fair market value taken into account for employment-related valuation; and where a property's value was taxed under the receipt-valuation rule, the cost of acquisition shall be deemed to be that value for capital gains computation.
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