Section 50CA - Special provision for full value of consideration for transfer of share other than quoted share

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....ing share of a company other than a quoted share, is less than the fair market value of such share determined in such manner as may be prescribed, the value so determined shall, for the purposes of section 48, be deemed to be the full value of consideration received or accruing as a result of such transfer. * Explanation.-For the purposes of this section, "quoted share" means the share quoted on....

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....re [Rule 11UAA] * For the purpose of section 50CA, the FMV of the share of a company other than quoted share shall be determined in the manner provided in sub-clause (b),(c) of rule 11UA(1)(c) and for this purpose the reference to valuation date in the rule 11U and rule 11UA shall mean the date on which the capital asset, being share of a company other than a quoted share, referred to in section....

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....uation report obtained from a registered valuer; C = fair market value of shares and securities as determined in the manner provided in this rule; D = the value adopted or assessed or assessable by any authority of the Government for the purpose of payment of stamp duty in respect of the immovable property; L= book value of liabilities shown in the balance sheet, but not including the follow....