https://www.taxtmi.com/caselaws?id=797941 Capital-gains computation for an unquoted-share transfer must use the full value of consideration received or accrued from that particular transfer. Actual contractual consideration cannot be replaced by a later transaction's higher consideration or perceived market value unless an express deeming provision applies. Fair-value substitution for unquoted shares applies only where declared consideration is below the value determined under the prescribed valuation rules. Contemporaneous depository and accounting records may establish the completed transfer date and accrual of consideration; subsequent settlement does not alter the transfer's character. Uncorroborated reports of negotiations cannot displace primary contractual and transactional evidence or establish pre-determined consideration. en-us Mon, 17 Aug 2026 00:00:00 +0530 Mon, 31 Aug 2026 08:28:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797941 Capital-gains computation for an unquoted-share transfer must use the full value of consideration received or accrued from that particular transfer. Actual contractual consideration cannot be replaced by a later transaction's higher consideration or perceived market value unless an express deeming provision applies. Fair-value substitution for unquoted shares applies only where declared consideration is below the value determined under the prescribed valuation rules. Contemporaneous depository and accounting records may establish the completed transfer date and accrual of consideration; subsequent settlement does not alter the transfer's character. Uncorroborated reports of negotiations cannot displace primary contractual and transactional evidence or establish pre-determined consideration. Case-Laws Income Tax Mon, 17 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797941