TMI BlogCost of acquisition of an investment asset.X X X X Extracts X X X X X X X X Extracts X X X X ..... 1st day of April, 2000, if the asset was acquired by the person before such date. (2) The cost of acquisition of an investment asset specified in column (2) of the Seventeenth Schedule, acquired by the mode specified in column (3) of the said Schedule, shall be the cost specified in column (4) thereof. (3)The cost of acquisition of an investment asset acquired by a person by any o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of section 314 shall be the net worth of such undertaking or division. (6) The cost of acquisition of an investment asset forming part of a bundle of investment assets acquired by any participant, on distribution of the asset to him on account of his retirement from any unincorporated body, shall be the amount determined in accordance with the formula— A - (B + C) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ich is self-generated; (b) the asset which is acquired by way of compulsory acquisition and the compensation or consideration for such acquisition is enhanced or further enhanced by any court, Tribunal or other authority; or (c) the asset where the cost of acquisition to the person or the previous owner, if any, cannot be determined or ascertained, for any reason. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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