Defining the cost of acquisition in case of certain assets for computing capital gains
Defining the cost of acquisition in case of certain assets for computing capital gains BUDGET 2023-24 MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2023 The existing provisions of the section 55 of the Act, inter alia, defines the ‘cost of any improvement’ and ‘cost of acquisition’ for the purposes of computing capital gains. However,… Read More »