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Capital gains on transfer of knowhow

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(Querist)
09 August 2017 Hello,

Is there capital gain tax on transfer of know-how developed by a scientist? Also kindly consider the fact that cost of acquisition or development is not determinable or can be considered as zero. Will consideration received be considered as capital receipt?
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Amol S Joglekar

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Amol S Joglekar (Expert)
09 August 2017 yes, it attracts capital gain.
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