https://www.taxtmi.com/notifications?id=119420 Rule 11UB sets out methods for computing the fair market value of assets of a foreign company or entity, distinguishing listed shares, unlisted shares, partnership interests and other assets, and prescribing merchant banker or accountant valuation, market-capitalisation formulas and treatment of liabilities; Rule 11UC provides an apportionment formula to determine income attributable to assets located in India by multiplying transferred-income (computed as if located in India) by the ratio of India-located asset fair market value to total asset fair market value; Rule 114DB requires Indian concerns to electronically furnish detailed information and supporting documents in Form 49D and retain records for eight years. en-us Tue, 28 Jun 2016 00:00:00 +0530 Tue, 28 May 2019 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=119420 Rule 11UB sets out methods for computing the fair market value of assets of a foreign company or entity, distinguishing listed shares, unlisted shares, partnership interests and other assets, and prescribing merchant banker or accountant valuation, market-capitalisation formulas and treatment of liabilities; Rule 11UC provides an apportionment formula to determine income attributable to assets located in India by multiplying transferred-income (computed as if located in India) by the ratio of India-located asset fair market value to total asset fair market value; Rule 114DB requires Indian concerns to electronically furnish detailed information and supporting documents in Form 49D and retain records for eight years. Notifications Income Tax Tue, 28 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119420