https://www.taxtmi.com/acts?id=24893 Determines the method for valuing the assets and liabilities of a specified person for the purposes of sub-section (2) of section 115TD. The rule requires the aggregate fair market value of total assets to be taken from the balance sheet and reduced by specified income-tax-related items and amounts shown as assets that do not represent real asset value, including unamortised deferred expenditure. It also prescribes valuation methods for quoted shares, unquoted equity shares, immovable property, business undertakings, and other assets, using market quotations, prescribed formulas, valuation reports, stamp duty value, or registered or qualified valuers. en-us Tue, 02 May 2017 11:27:52 +0530 Tue, 19 May 2026 16:50:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24893 Determines the method for valuing the assets and liabilities of a specified person for the purposes of sub-section (2) of section 115TD. The rule requires the aggregate fair market value of total assets to be taken from the balance sheet and reduced by specified income-tax-related items and amounts shown as assets that do not represent real asset value, including unamortised deferred expenditure. It also prescribes valuation methods for quoted shares, unquoted equity shares, immovable property, business undertakings, and other assets, using market quotations, prescribed formulas, valuation reports, stamp duty value, or registered or qualified valuers. Act-Rules Income Tax Tue, 02 May 2017 11:27:52 +0530 https://www.taxtmi.com/acts?id=24893