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