Capital Gains Section 49

The case law of CIT v/s Manjula J shah, whereby CII should be taken from date of acquisition of "previous owner"
Is it applicable only to Transfer by Gift or all transfers u/s 49(1)??
Replies (3)
it is applicable to all transfer u/s 49(1)
Okay thank you brother😊
It is applicable to all transfer convered u/s 47

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