Section 43C - Special provision for computation of cost of acquisition of certain assets - Income-tax Act, 1961

..... 1 [Special provision for computation of cost of acquisition of certain assets. 43C. (1) Where an asset [not being an asset referred to in sub-section (2) of section 45] which becomes the property of an amalgamated company under a scheme of amalgamation, is sold after the 29th day of February, 1988, by the amalgamated company as stock-in-trade of the business carried on by it, the cost of acquisition of the said asset to the amalgamated company in computing the profits and gains from the sale of .....

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Section 43C - Special provision for computation of cost of acquisition of certain assets - Income-tax Act, 1961

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