Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Unquoted share valuation under fair market value rules fixed by prescribed method and transfer date. For the purposes of section 50CA, the fair market value of a company's unquoted share is to be determined in the manner specified in sub-clause (b) or sub-clause (c), as applicable, of clause (c) of sub-rule (1) of rule 11UA. For this purpose, the reference to the valuation date in rule 11U and rule 11UA is to mean the date on which the capital asset, being the unquoted share, is transferred.
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.
Unquoted share valuation under fair market value rules fixed by prescribed method and transfer date.
For the purposes of section 50CA, the fair market value of a company's unquoted share is to be determined in the manner specified in sub-clause (b) or sub-clause (c), as applicable, of clause (c) of sub-rule (1) of rule 11UA. For this purpose, the reference to the valuation date in rule 11U and rule 11UA is to mean the date on which the capital asset, being the unquoted share, is transferred.
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