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Capital Gains On Conversion of Capital Assets Into Stock-In-Trade - Sec. 45(2)

Income Tax - Capital Gains - 13 - SEC - 45(2): CAPITAL GAINS ON CONVERSION OF CAPITAL ASSETS INTO STOCK-IN-TRADE Capital .....

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of the asset on the date of conversion - Cost of Acquisition PGBP = Sale Price of Stock-on-trade - FMV of the asset on t .....

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