NISM Professor

Rule 11UA

The rule of the Income Tax Rules 1962 prescribing how fair market value of shares and securities is computed, with different methods for quoted and unquoted shares and securities.

This one is not written up yet

The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.

Written up from the same chapter

Where this is taught

Free preparation for NISM Series X-B
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