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Fair Market Value u/s 56(2)

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(Querist)
03 March 2010 How the Fair Market Value of shares will be derived for the purpose of Section 56(2) of the Income Tax Act.
Whether any method has been prescribed for the same?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
04 March 2010 A notification will be issued. The said section is proposed by the finance bill and not yet converted into an Act

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