https://www.taxtmi.com/manuals?id=4357 Where an undisclosed asset is declared under the Scheme and tax, surcharge and penalty are paid on its fair market value as of the Scheme valuation date, the declarant remains liable for capital gains on any future sale; the cost of acquisition for computing capital gains is the fair market value used for the Scheme and the holding period commences from that valuation date. en-us Thu, 28 Dec 2023 14:32:00 +0530 Fri, 05 Jan 2024 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4357 Where an undisclosed asset is declared under the Scheme and tax, surcharge and penalty are paid on its fair market value as of the Scheme valuation date, the declarant remains liable for capital gains on any future sale; the cost of acquisition for computing capital gains is the fair market value used for the Scheme and the holding period commences from that valuation date. Manuals Income Tax Thu, 28 Dec 2023 14:32:00 +0530 https://www.taxtmi.com/manuals?id=4357