1Where the consideration received or accruing as a result of the transfer of a capital asset by an 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 value of the consideration received or accruing as a result of such transfer.
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1. Ins. by Act 23 of 2012, s. 17 (w.e.f. 1-4-2013).
Section 50A Special provision for cost of acquisition in case of depreciable asset
Section 50B Special provision for computation of capital gains in case of slump sale
Section 50C Special provision for full value of consideration in certain cases
Section 50D Fair market value deemed to be full value of consideration in certain cases
Section 51 Advance money received
Section 54 Profit on sale of property used for residence
Section 54E Capital gain on transfer of capital assets not to be charged in certain cases