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After the government publishes a reliable translated text in English through an official gazette, we will incorporate the Authentic English Text here.

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2(30). "fair market value" means, in relation to capital asset or a business or undertaking-

(a) the price which such asset or such business or undertaking] would ordinarily fetch on sale in the open market on the relevant day, and, where such price is not ascertainable, the price which the Deputy Commissioner of Taxes may, with the approval in writing of the Inspecting Joint Commissioner, determine;

(b) the residual value received from the lessee in case of an asset leased by a financial institution having license from the Bangladesh Bank on termination of lease agreement on maturity or otherwise subject to the condition that such residual value plus amount realised during the currency of the lease agreement towards the cost of the asset is not less than the cost of acquisition to the lessor financial institution.