https://www.taxtmi.com/acts?id=11431 Rule 11U defines expressions used for determining fair market value under rule 11UA, including balance-sheet, merchant banker, quoted shares or securities, recognized stock exchange, registered dealer, registered valuer, securities, unquoted shares and securities, and valuation date. The definition of balance-sheet varies according to whether the case concerns valuation under sub-rule (2) of rule 11UA, an Indian company, or a company outside India. Quoted shares or securities are those regularly quoted on a recognized stock exchange, while unquoted shares and securities are those not so quoted. en-us Thu, 15 Apr 2010 07:32:26 +0530 Tue, 19 May 2026 12:39:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11431 Rule 11U defines expressions used for determining fair market value under rule 11UA, including balance-sheet, merchant banker, quoted shares or securities, recognized stock exchange, registered dealer, registered valuer, securities, unquoted shares and securities, and valuation date. The definition of balance-sheet varies according to whether the case concerns valuation under sub-rule (2) of rule 11UA, an Indian company, or a company outside India. Quoted shares or securities are those regularly quoted on a recognized stock exchange, while unquoted shares and securities are those not so quoted. Act-Rules Income Tax Thu, 15 Apr 2010 07:32:26 +0530 https://www.taxtmi.com/acts?id=11431