BareLaws
SECTION

Section 50CA — Special provision for full value of consideration for transfer of share other than quoted

From: The Income-tax Act, 1961

50CA. Special provision for full value of consideration for transfer of share other than quoted share.

(1)Where the consideration received or accruing as a result of the transfer by an assessee of a capital asset, being share of a company other than a quoted share, is less than the fair market value of such share determined in such manner as may be prescribed, the value so determined shall, for the purposes of