The cost of acquisition of bonus shares is NIL under the Income Tax Act of
COST OF ACQUISITION IN THE CASE OF DEPRECIABLE ASSETS (SECTION 50)
The cost of acquisition of a depreciable asset under Section 50 of the Income Tax
Cost of acquisition being the fair market value as on April 1 (Section 55(2))
The cost of acquisition being the fair market value as on April 1 (Section 55(2))
NOTIONAL COST OF ACQUISITION & COST TO THE PREVIOUS OWNER (SEC 49(1)) under income tax act
NOTIONAL COST OF ACQUISITION Notional cost of acquisition is a term used in the Indian
COST OF ACQUISITION
The cost of acquisition of a capital asset under the Income Tax Act is the
Expenditure on transfer
Expenditure on transfer is deductible from the full value of consideration to determine the capital
Cases when full value of consideration is determined on notional basis
Transfer of a capital asset to a close relative of the Income tax act: When a
Capital gains exempt from tax under section 115JG & FULL VALUE OF CONSIDERATION (48)
Section 115JG of the Income Tax Act, 1961 provides for exemption from capital gains tax
HINTS OF TAX PLANNING & Capital gains
Hints of tax planning under the Income Tax Act: Understand the various tax deductions and
MODE OF COMPUTATION OF RELIEF (RULE21AAA)&COMPUTATION OF RELIEF WHEN SALARY OR FAMILY PENSION HAS BEEN RECEIVED IN ARREARS OR IN ADVANCE
Computation of Relief When Salary or Family Pension Has Been Received in Arrears or in