Capital gain computation - indexation of cost in cases covered ...
Indexed Cost for Capital Gains: Use Initial Owner's Acquisition Year for Section 49 Calculations.
March 26, 2019
Case Laws Income Tax AT
Capital gain computation - indexation of cost in cases covered by section 49 - previous owner of the property vs present owner of the property - indexed cost of acquisition had to be computed with reference to the year in which the previous owner first held the asset.
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