Section 50D - Fair Market Value Deemed To Be Full Value Of Consideration In Certain Cases - Income Tax - Ready Reckoner - Income Tax

Section 50D : Fair Market Value Deemed to be Full Value Of Consideration In Certain Cases Any Capital Assets Where the consideration received or accruing as a result of the transfer of a capital asset by any assessee is not ascertainable or cannot be determined then, for the purpose of computing income chargeable to tax as capital gains, the fair market value of the said asset on the date of transfer shall be deemed to be the full consideration received or accruing as a result of such transfer.