https://www.taxtmi.com/manuals?id=4649 Definitions set the operative method for determining fair market value for income tax valuation: open market price on the relevant date or prescribed rule based price where market price is not ascertainable. Special valuation rules apply to quoted shares (highest quoted or most recent trading price on a reference date), unlisted units (net asset value), equity shares with listing changes (cost adjusted by a cost inflation proportion), and immovable property (open market sale price on execution date, lease premium where applicable, or money consideration for transfers). en-us Tue, 27 Aug 2024 11:51:00 +0530 Thu, 24 Oct 2024 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4649 Definitions set the operative method for determining fair market value for income tax valuation: open market price on the relevant date or prescribed rule based price where market price is not ascertainable. Special valuation rules apply to quoted shares (highest quoted or most recent trading price on a reference date), unlisted units (net asset value), equity shares with listing changes (cost adjusted by a cost inflation proportion), and immovable property (open market sale price on execution date, lease premium where applicable, or money consideration for transfers). Manuals Income Tax Tue, 27 Aug 2024 11:51:00 +0530 https://www.taxtmi.com/manuals?id=4649