https://www.taxtmi.com/acts?id=23732 A deeming rule provides that when an assessee transfers an unquoted share and the actual consideration is less than the prescribed fair market value, the prescribed fair market value shall be deemed to be the full value of consideration for computing capital gains under the applicable charging provision; quoted share is defined as a share regularly quoted on a recognised stock exchange based on current transactions. en-us Thu, 23 Mar 2017 15:24:39 +0530 Fri, 24 Mar 2017 12:23:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23732 A deeming rule provides that when an assessee transfers an unquoted share and the actual consideration is less than the prescribed fair market value, the prescribed fair market value shall be deemed to be the full value of consideration for computing capital gains under the applicable charging provision; quoted share is defined as a share regularly quoted on a recognised stock exchange based on current transactions. Act-Rules F. Acts / Amendment Acts Thu, 23 Mar 2017 15:24:39 +0530 https://www.taxtmi.com/acts?id=23732