https://www.taxtmi.com/acts?id=50983 A new rule permits an assessee to value a quoted equity share by averaging the quoted value on the 31st March preceding the assessment year with quoted values on the corresponding dates in each of the four immediately preceding assessment years, using the nearest earlier quotation if needed; available quotations are averaged when fewer than four exist. Adoption of this average requires certification by an accountant and attachment of that certificate to the wealth return; "accountant" follows the meaning in the Income tax Act explanation. en-us Thu, 17 Apr 2025 16:58:14 +0530 Thu, 17 Apr 2025 16:58:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50983 A new rule permits an assessee to value a quoted equity share by averaging the quoted value on the 31st March preceding the assessment year with quoted values on the corresponding dates in each of the four immediately preceding assessment years, using the nearest earlier quotation if needed; available quotations are averaged when fewer than four exist. Adoption of this average requires certification by an accountant and attachment of that certificate to the wealth return; "accountant" follows the meaning in the Income tax Act explanation. Act-Rules F. Acts / Amendment Acts Thu, 17 Apr 2025 16:58:14 +0530 https://www.taxtmi.com/acts?id=50983