https://www.taxtmi.com/acts?id=45732 A new statutory definition of fair market value is inserted as clause (22A), stating that fair market value of a capital asset is the price it would ordinarily fetch on sale in the open market on the relevant date, and where that price is not ascertainable, such price as may be determined in accordance with rules made under the Act. en-us Mon, 02 Dec 2024 17:13:35 +0530 Mon, 02 Dec 2024 17:13:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45732 A new statutory definition of fair market value is inserted as clause (22A), stating that fair market value of a capital asset is the price it would ordinarily fetch on sale in the open market on the relevant date, and where that price is not ascertainable, such price as may be determined in accordance with rules made under the Act. Act-Rules F. Acts / Amendment Acts Mon, 02 Dec 2024 17:13:35 +0530 https://www.taxtmi.com/acts?id=45732