Full value of consideration rules govern capital gains valuation through deemed values, fair market value, and stamp duty valuation. Full value of consideration for capital gains is the amount received or receivable on transfer of a capital asset, with fair market value applied where consideration is in kind or cannot be ascertained. The Income-tax framework contains specific deemed-valuation rules for insurance receipts, conversion into stock-in-trade, capital contributions to firms or AOPs or BOIs, joint development arrangements, liquidation distributions, land or building transfers, unquoted share transfers, and other transactions where statutory valuation substitutes the stated consideration. Under the earlier regime, full value means the whole price without deduction, and adequacy of consideration or instalment payment does not affect the computation.