Fair Market Value - Judgment Search Results

Commissioner of Income-tax Vs. Madho Properties Ltd.

Court : Kolkata

Reported in : [1981]131ITR380(Cal)

..... that the property was transferred at an apparent consideration less than its fair market value and that the fair market value of the property exceeds the apparent consideration by more than 15 of ..... immovable property to which the proceedings relate is of a fair market value exceeding twenty five thousand rupees b the fair market value of such property exceeds the apparent consideration therefor by .....

Lalita Jabbar Vs. Competent Authority and ors.

Court : Kolkata

Reported in : [1982]133ITR389(Cal)

..... property was transferred for an apparent consideration which was less than the fair market value thereof and the fair market value exceeded the apparent consideration by more than 15 per cent and the ..... of the act mr bajoriareferred to the definition of fair market value given in clause d of section 269awhich reads as under fair market value in relation to any immovable property transferred means .....

Harish Mahindra and Another Vs. Commissioner of Income-tax, Bombay Cit ...

Court : Mumbai

Reported in : (1981)25CTR(Bom)168; [1982]135ITR191(Bom); [1981]7TAXMAN89(Bom)

..... assessee after 1st january 1954 the option of substituting the fair market value of the capital asset concerned as on 1st january ..... as the assessee had exercised the option of substituting the fair market value of the original shares from which the sub divided ..... june 1955 was wholly irrelevant to the determination of this fair market value the question of applying the principle of averaging on the .....

Commissioner of Income-tax (Central-ii) Vs. General Investment Co. Ltd ...

Court : Kolkata

Reported in : (1981)20CTR(Cal)282,[1981]131ITR366(Cal)

..... it at their cost or at the fair market value the assessee chose to value them at fair market value because they had been acquired before january ..... of section 48 or the fair market value of the asset on january 1 1954 the word fair market value reiterated by the supreme court ..... which was taken at the option of the assessee as fair market value which the assessee elected was only in respect of the .....

India Jute Co. Ltd. Vs. Commissioner of Income-tax

Court : Kolkata

Reported in : (1981)22CTR(Cal)11,[1982]136ITR597(Cal)

..... ascertained the cost of acquisition to the previous owner means the fair market value on the date on which the capital asset became the property ..... purposes of computation of capital gains the basis of either the fair market value as on 1st january 1954 or the original cost of ..... that had the benefit of the option to select either the fair market value of the assets on january 1 1954 or the cost .....

Brig. B. Lall Vs. Wealth-tax Officer, A-ward and anr.

Court : Rajasthan

Reported in : (1980)15CTR(Raj)180; [1981]127ITR308(Raj)

..... had been referred to the valuation cell for determination of the fair market value 10 as soon as this reply was received the petitioner filed ..... less than its fair market value or 3 a the wto is of the opinion that the fair market value of the asset exceeds the value of the ..... return and which according to him are undervalued looking to the fair market value or as per the standards laid down in clause a .....

United States Vs. Sioux Nation of Indians

Court : US Supreme Court

..... of interest on the principal sum of 17 1 million the fair market value of the black hills as of 1877 dating from 1877 held ..... gold removed by trespassing prospectors prior to that date with a fair market value in the ground of 450 000 the commission determined that the ..... the 1877 act these amounts were to be credited against the fair market value of the lands and gold taken and interest as it accrued .....

Ganga Saran and Sons (Huf) Vs. Income-tax Officer, Company Circle-iv, ...

Court : Delhi

Reported in : [1981]130ITR212(Delhi)

..... assessed and computed the capital gains on that basis if he had information that the fair market value of the capital asset was much in excess of the sale price he might perhaps ..... s 52 1 to take the market value of the property as the full value of the consideration for which the property has been sold if the fair market value of the property on the date .....

Washington Vs. Confederated Tribes

Court : US Supreme Court

..... period the amount was 2 page 447 u s 143 of the fair market value of the vehicle in question in addition the state imposes an ..... annual tax in the amount of 1 of fair market value on the privilege of using campers and trailers in the state ..... in the state each is assessed annually at a certain percentage of fair market value and each is sought to be imposed upon vehicles owned by .....

Rajan Ramkrishna Vs. Commissioner of Wealth-tax, Gujarat-i

Court : Gujarat

Reported in : (1980)17CTR(Guj)293; [1981]127ITR1(Guj)

..... 9 of its maintainable profit will be taken to represent the fair market value of the shares of an investment company 9 the mode of ..... 9 and the maintainable profit would be taken to represent the fair market value of the shares of investment companies 10 as to what is ..... the facts of each case but one thing is clear the market value unless in exceptional circumstances to which we have referred cannot be .....