Tag Archives: section 50CA income tax

Fair Market Value to be full value of consideration in certain cases.

By | February 20, 2018

CBDT CIRCULAR NO.2/2018 [F.NO.370142/15/2017-TPL], DATED 15-2-2018 30. Fair Market Value to be full value of consideration in certain cases. 30.1 Under the provisions of the Income-tax Act, income chargeable under the head “Capital gains” is computed by taking into account the amount of full value of consideration received or accrued on transfer of a capital asset. In… Read More »

Draft rules for valuation of unquoted equity share by CBDT

By | May 5, 2017

Draft rules relating to valuation of unquoted equity share Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 5th May, 2017. Subject: Request for stakeholder’s comment on draft rules relating to valuation of unquoted equity share for the purposes of section 56 and section 50CA of… Read More »