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          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.

          <h1>Fair market value rules determine asset valuation and liability exclusions for taxation under specified transfer provisions.</h1> The rule sets the aggregate fair market value of a specified person's assets as the sum of asset fair market values reduced by income-tax amounts paid/collected and by non-realizable balance-sheet assets; liabilities equal book value subject to enumerated exclusions. It prescribes valuation methods: quoted securities by exchange price averages, unquoted equity via a formula adjusting book assets, market-valued items and liabilities per-share, non-equity securities by merchant banker/accountant report, immovable property by higher of registered valuer's open-market price or stamp duty value, business undertakings by net assets, and other assets by registered valuer report or approved professional valuers.

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