Court Clarifies LTCG Computation: Index Cost Based on Original Owner's Acquisition Year for Inherited Assets.

Computation of LTCG - capital asset acquired by the assessee through succession, the indexed cost of acquisition has to be computed with reference to the year in which the previous owner first held the asset - HC .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X