Cost of acquisition - the ownership right sold by the assessee ...
Taxpayer's Claim of No Capital Gain Rejected Due to Nil Cost of Acquisition.
July 20, 2013
Case Laws Income Tax AT
Cost of acquisition - the ownership right sold by the assessee is having nil cost of acquisition. - this argument of the assessee that there will be no capital gain because there is no cost of acquisition, has no merit - AT
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