https://www.taxtmi.com/circulars?id=61732 Definitions and valuation procedures for thinly traded and non traded securities are revised: thinly traded equity requires both a low value and low volume of trading aggregated across recognised exchanges; thinly traded debt (non government) is identified by low trading volume in the thirty days before valuation. Non traded debt with residual maturity up to 182 days must be valued on an amortisation basis (cost plus accrued interest and spread recognised over remaining maturity); government securities not recently traded shall be valued at yield to maturity. Clarification treats "second quarter" as the second calendar quarter. Amendments are effective immediately. en-us Wed, 28 Mar 2001 00:00:00 +0530 Fri, 12 Jul 2019 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61732 Definitions and valuation procedures for thinly traded and non traded securities are revised: thinly traded equity requires both a low value and low volume of trading aggregated across recognised exchanges; thinly traded debt (non government) is identified by low trading volume in the thirty days before valuation. Non traded debt with residual maturity up to 182 days must be valued on an amortisation basis (cost plus accrued interest and spread recognised over remaining maturity); government securities not recently traded shall be valued at yield to maturity. Clarification treats "second quarter" as the second calendar quarter. Amendments are effective immediately. Circulars SEBI Wed, 28 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61732