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Computation of capital gains in case of Depreciable Assets - Sec. 50A

Income Tax - Capital Gains - 22 - SEC - 50A: SPECIAL PROVISIONS FOR COMPUTATION OF CAPITAL GAINS IN CASE OF DEPRECIABLE ASSETS Where the capital asset is an asset forming part of block of assets in respect of which deprecation has been allowed under .....

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incurred wholly and exclusively in connection with transfer. The WDV of the block of assets at the beginning of the previous year and The actual cost of any asset falling within the block of assets acquired during the previous year. Then, such excess .....

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