TMI BlogCost of acquisition - succession or inheritance - cost of improvement - if the previous owner had...Cost of acquisition - succession or inheritance - cost of improvement - if the previous owner had mortgaged the property and the assessee and his co-owners cleared off the mortgage so created, it could not be said that they incurred any expenditure by way of effecting any improvement to the capital asset - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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