Cost definition for reinvestment clarifies eligible amount is the investment made from capital gains into the specified asset. Cost for a long-term specified asset is the amount invested in that specified asset out of capital gains received or accruing from the transfer of the ... Summary
Cost definition for reinvestment clarifies eligible amount is the investment made from capital gains into the specified asset.
Cost for a long-term specified asset is the amount invested in that specified asset out of capital gains received or accruing from the transfer of the original asset, thereby limiting the eligible reinvestment to sums derived from those capital gains.
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