Fair Market Value Deemed To Be Full Value Of Consideration In Certain Cases - (New) Section 80 / (Old) Section 50D

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Full Text of the Document

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.... the transfer of a capital asset is not ascertainable or cannot be determined, its fair market value on the date of transfer shall be deemed to be the full value of consideration received or accruing as a result of such transfer for the purposes of computing income under the head "Capital gains". Essential Ingredients of Section 80 1. There Must Be a Transfer of a Capital Asset â€....