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Home > Income Tax Act 2025 > Section-79Last Updated: Feb 14th 2025

Section-79 : Special provision for full value of consideration for transfer of share other than quoted share.

Learn to understand the section-79 as it is, it's help and useful links to follow.

Here onwards, "Act" refers to "Income Tax Act 2025"

New Income Tax Act 2025 Portal

1. Section-79 as per act

  1. If the consideration received or accruing from the transfer 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 the manner as prescribed, the value so determined shall be deemed as the full value of consideration received or accruing as a result of the transfer for the purposes of computing income under the head "Capital gains".
  2. The provisions of sub-section (1) shall not apply to any consideration received or accruing as a result of transfer by such class of persons and subject to such conditions, as prescribed.
  3. In this section, "quoted share" means the share quoted on any recognised stock exchange with regularity from time to time, where the quotation of such share is based on current transaction made in the ordinary course of business.

2. Help and useful links for Section-79

  1. Income Tax Help Center
  2. Income Tax Act 2025 Home
  3. Capital Gains Income Tax Guide
  4. How to declare Income from Capital Gains?
  5. Capital Gains Calculator with Indexation (CII) Benefit
  6. Capital Gains Income Tax Filing Service Plan & Pricing
  7. Capital Gains Rate & Period of Holding Calculator
  8. Capital Gains Tax Filing and related Exemptions
  9. Capital Gains Tax Rates — India vs Other OECD Countries
  10. Long Term Capital Gains Reinvestment Calculator



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Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.