Determination of cost of specified transfers u/s 49 - any transfer in a demerger, of a capital asset, being a share or shares held in an Indian company – cost of the previous owner to be taken - Budget 2017-18 w.e.f. AY 2018-19

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..... t 2017-18 w.e.f. AY 2018-19
Clause - 025 - Amendment of section 49. THE FINANCE BILL, 2017
Bill
Act-Rules
Dated:- 3-2-2017
Clause - 025 - Amendment of section 49. THE FINANCE BILL, 2 .....

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..... ious owner of the property acquired it, as increased by the cost of any improvement of the assets incurred or borne by the previous owner or the assessee, as the case may be. It is proposed to amend .....

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