https://www.taxtmi.com/news?id=16756 Accreted income is the excess of the aggregate fair market value of a trust's or institution's total assets over its total liabilities as on the specified date, and the method for valuing fair market value and computing liabilities must be prescribed by rules. Draft rules setting out that method of valuation for trusts and institutions have been published for public and stakeholder consultation on the Department of Revenue and Income tax Department websites, with comments to be submitted electronically to the designated email address. en-us Wed, 26 Oct 2016 10:06:42 +0530 Wed, 26 Oct 2016 10:06:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16756 Accreted income is the excess of the aggregate fair market value of a trust's or institution's total assets over its total liabilities as on the specified date, and the method for valuing fair market value and computing liabilities must be prescribed by rules. Draft rules setting out that method of valuation for trusts and institutions have been published for public and stakeholder consultation on the Department of Revenue and Income tax Department websites, with comments to be submitted electronically to the designated email address. News - Wed, 26 Oct 2016 10:06:42 +0530 https://www.taxtmi.com/news?id=16756