https://www.taxtmi.com/acts?id=39958 Computation of fair market value for slump sale under section 50B is based on the higher of FMV1 or FMV2, both determined on the date of slump sale. FMV1 is calculated by combining specified asset values and deducting qualifying liabilities, while FMV2 is computed from monetary and non-monetary consideration, including valuations under rule 11UA, registered valuer reports, and stamp duty values for immovable property. The rule also aligns the valuation date with the date of slump sale and adopts the meanings of registered valuer and securities from rule 11U. en-us Tue, 25 May 2021 10:16:19 +0530 Tue, 19 May 2026 13:12:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39958 Computation of fair market value for slump sale under section 50B is based on the higher of FMV1 or FMV2, both determined on the date of slump sale. FMV1 is calculated by combining specified asset values and deducting qualifying liabilities, while FMV2 is computed from monetary and non-monetary consideration, including valuations under rule 11UA, registered valuer reports, and stamp duty values for immovable property. The rule also aligns the valuation date with the date of slump sale and adopts the meanings of registered valuer and securities from rule 11U. Act-Rules Income Tax Tue, 25 May 2021 10:16:19 +0530 https://www.taxtmi.com/acts?id=39958