Tag Archives: Notification No. 42/2018/F. No. 370142/05/2018-TPL

CBDT final Rules for Computation of FMV of Inventory converted into Capital Asset

By | September 1, 2018

The Central Board of Direct Taxes has released final Rule 11UAB prescribing the manner of determination of fair market value of the inventory converted into capital asset. shall come into force from the 1st day of April, 2019 and shall apply in relation to assessment year 2019-20 and subsequent years. Earlier the draft rule was… Read More »