https://www.taxtmi.com/acts?id=21749 Rule 11UB prescribes methods for determining the fair market value of assets held directly or indirectly by a foreign company or foreign entity for section 9(1). It sets separate valuation rules for listed and unlisted Indian shares, interests in partnership firms or associations of persons, other assets, and all assets of a foreign company or entity. The rule also provides for use of observable price, internationally accepted valuation methodology, allocation of value among partners or members, exchange-rate conversion, and revisions after finalisation of the relevant financial statement. en-us Fri, 01 Jul 2016 13:03:17 +0530 Tue, 19 May 2026 13:13:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21749 Rule 11UB prescribes methods for determining the fair market value of assets held directly or indirectly by a foreign company or foreign entity for section 9(1). It sets separate valuation rules for listed and unlisted Indian shares, interests in partnership firms or associations of persons, other assets, and all assets of a foreign company or entity. The rule also provides for use of observable price, internationally accepted valuation methodology, allocation of value among partners or members, exchange-rate conversion, and revisions after finalisation of the relevant financial statement. Act-Rules Income Tax Fri, 01 Jul 2016 13:03:17 +0530 https://www.taxtmi.com/acts?id=21749