Capital gains computation: amount included under section 45(4A) for specified entities reduces consideration on asset transfer.

For a specified entity referred to in sub section (4A) of section 45, the amount included in the total income of such specified entity under sub section (4A) of section 45 which is attributable to the capital asset being transferred, calculated in the prescribed manner, shall be reduced from the full value of consideration received or accruing as a result of transfer of the capital asset, alongside existing deductions for expenditure, cost of acquisition and cost of improvement.

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