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Determination of price in certain cases

Rule 3 - Rule - Other Direct Tax / Income Tax - Rule 3 - 3. .-(1) For the purposes of sub-clause(ii) of clause (16) of the section 2 of the Act, the price shall be determined in the following manner, namely:- (a) the price of unquoted equity shares s .....

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he date of transaction, of such equity shares as determined in the following manner, namely:- The fair market value of unquoted equity shares = (A+B - L)× (PV)/(PE) where, A= book value of all the assets (other than bullion, jewellery, precious .....

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deferred expenditure which does not represent the value of any asset; B= the price that the bullion, jewellery, precious stone, artistic work, shares, securities and immovable property would ordinarily fetch on sale in the open market on the date of .....

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