Cost of acquisition of an investment asset.

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..... e asset was acquired by the person before such date. (2) The cost of acquisition of an investment asset specified in column (2) of the Seventeenth Schedule, acquired by the mode specified in column (3) of the said Schedule, shall be the cost specified in column (4) thereof. (3)The cost of acquisition of an investment asset acquired by a person by any of the special modes of acquisition, shall be— .....

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..... f acquisition of an investment asset forming part of a bundle of investment assets acquired by any participant, on distribution of the asset to him on account of his retirement from any unincorporated body, shall be the amount determined in accordance with the formula— A - (B + C) where, A= the amount payable to the participant as appearing in the books of account of the unincorporated body on the .....

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..... , Tribunal or other authority; or (c) the asset where the cost of acquisition to the person or the previous owner, if any, cannot be determined or ascertained, for any reason. (8) In sub-section (3), "previous owner" in relation to any investment asset owned by a person means the last previous owner of the investment asset, who acquired it by a mode of acquisition other than those referred to in c .....

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