Determination of Capital Gains - Under section 48, only sums ...
Capital Gains Calculation u/s 48: Adjust Consideration by Transfer Costs, Acquisition, and Improvement Expenses.
September 18, 2013
Case Laws Income Tax AT
Determination of Capital Gains - Under section 48, only sums specified for being adjusted against the consideration accruing or arising on the transfer of a capital asset in computing the capital gains are, (i) expenditure incurred wholly and exclusively in connection with such transfer; (ii) the cost of acquisition of the asset and the cost of improvement thereto - AT
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