https://www.taxtmi.com/acts?id=3609 Where an asset on which depreciation was claimed is a capital asset, the written down value, as defined in clause (6) of section 43 and as adjusted, shall be taken as the cost of acquisition for computing capital gains, thereby modifying the usual application of the capital gains provisions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 27 Aug 2025 18:14:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3609 Where an asset on which depreciation was claimed is a capital asset, the written down value, as defined in clause (6) of section 43 and as adjusted, shall be taken as the cost of acquisition for computing capital gains, thereby modifying the usual application of the capital gains provisions. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3609