Tag Archives: Unquoted shares Capital Gain AY 2018-19

Unquoted shares taxable at fair market value w.e.f AY 2018-19 -Section 50CA

By | February 10, 2017

Fair Market Value to be full value of consideration in certain cases Under the existing 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 order to ensure that… Read More »