https://www.taxtmi.com/acts?id=22873 Price for unquoted equity shares is determined as the higher of cost of acquisition, fair market value on the date of transaction under the Discounted Free Cash Flow method, or value computed under the prescribed formula. The formula adjusts book value of assets, includes the ordinary open-market value of specified assets, deducts book liabilities, and excludes capital, reserves, tax provisions, general provisions and contingent liabilities. It also applies the total paid-up equity share capital and the paid-up value of the relevant shares. en-us Thu, 27 Oct 2016 12:33:20 +0530 Mon, 22 Jun 2026 15:17:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=22873 Price for unquoted equity shares is determined as the higher of cost of acquisition, fair market value on the date of transaction under the Discounted Free Cash Flow method, or value computed under the prescribed formula. The formula adjusts book value of assets, includes the ordinary open-market value of specified assets, deducts book liabilities, and excludes capital, reserves, tax provisions, general provisions and contingent liabilities. It also applies the total paid-up equity share capital and the paid-up value of the relevant shares. Act-Rules Benami Property Thu, 27 Oct 2016 12:33:20 +0530 https://www.taxtmi.com/acts?id=22873