Capital gains deemed to be applied for charitable/religious purposes - Section 11(1A)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... x - Ready Reckoner - Income Tax - Capital gains deemed to be applied for charitable/religious purposes - Section 11(1A) Where a capital asset, being property held under trust wholly or in pa .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cquiring the new capital asset, then the following capital gains is exempt. Cost of the new asset minus Cost of the transferred asset - Manuals - Ready reckoner - Law and practice - Ref .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X