Year: 2023

The cost of acquisition of shares when debentures are converted into shares is calculated as

The cost of acquisition in the case of advance money received (under Section 51 of

The cost of acquisition of bonus shares is NIL under the Income Tax Act of

The cost of acquisition of a depreciable asset under Section 50 of the Income Tax

The cost of acquisition being the fair market value as on April 1 (Section 55(2))

NOTIONAL COST OF ACQUISITION Notional cost of acquisition is a term used in the Indian

The cost of acquisition of a capital asset under the Income Tax Act is the

Expenditure on transfer is deductible from the full value of consideration to determine the capital

Transfer of a capital asset to a close relative of the Income tax act: When a

Section 115JG of the Income Tax Act, 1961 provides for exemption from capital gains tax