Deemed cost of acquisition for shares or debentures received in specified transfers treated as proportionate part of instrument's cost. Where a capital asset being a share or debenture becomes the assessee's property in consideration of a specified transfer, the deemed cost of acquisition ... Summary
Deemed cost of acquisition for shares or debentures received in specified transfers treated as proportionate part of instrument's cost.
Where a capital asset being a share or debenture becomes the assessee's property in consideration of a specified transfer, the deemed cost of acquisition of that asset shall be the part of the cost of the debenture, debenture-stock, bond or deposit certificate that relates to the asset acquired by the assessee.
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