Amendment of section 48.

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..... y under sub-section (4A) of section 45 which is attributable to the capital asset being transferred, calculated in the prescribed manner: . - Clause 16 of the Bill seeks to amend section 48 of the Income-tax Act relating to mode of computation for income chargeable under the head capital gains. The section inter alia, provides for computation of capital gains arising out of transfer of a capital a .....

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