Cost of Acquisition of a Capital Asset acquired u/s 49(1)(ii)/(iii)(a) of the Income Tax Act, 1961

Bhaskaran Chackrapani Warrier , Last updated: 21 June 2013  
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The income of a person has to be computed under any or all five heads of income for the purpose of levying income tax. Section 14 of the Income tax Act,1961 (herein after referred to as the act) prescribes these five heads in which capital gains is one among the other heads. Capital gains means a

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Published by

Bhaskaran Chackrapani Warrier
(Chartered Accountant)
Category Income Tax   Report

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