https://www.taxtmi.com/circulars?id=8991 Computation of capital gains adjusts consideration to fair market value when transfer consideration is inadequate, and officers should concurrently assess whether the excess of market value over consideration constitutes a gift warranting proceedings under the Gift-tax law. en-us Fri, 02 Jul 1976 00:00:00 +0530 Wed, 01 Jun 2011 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8991 Computation of capital gains adjusts consideration to fair market value when transfer consideration is inadequate, and officers should concurrently assess whether the excess of market value over consideration constitutes a gift warranting proceedings under the Gift-tax law. Circulars Income Tax Fri, 02 Jul 1976 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8991