https://www.taxtmi.com/acts?id=11708 Cost of acquisition is generally the purchase price, with an option to use fair market value as of 1 April 2000 for assets acquired before that date. Special modes and scheduled assets adopt prescribed costs or the previous owner's acquisition cost (subject to the 1 April 2000 election). Specific rules set cost as fair market value or stamp duty values for certain clauses, net worth for slump sales, and A - (B + C) for bundle distributions on retirement. Cost is nil for self-generated assets, assets with enhanced compulsory-acquisition compensation, and where cost cannot be ascertained. en-us Thu, 16 Sep 2010 18:43:21 +0530 Fri, 17 Sep 2010 13:29:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11708 Cost of acquisition is generally the purchase price, with an option to use fair market value as of 1 April 2000 for assets acquired before that date. Special modes and scheduled assets adopt prescribed costs or the previous owner's acquisition cost (subject to the 1 April 2000 election). Specific rules set cost as fair market value or stamp duty values for certain clauses, net worth for slump sales, and A - (B + C) for bundle distributions on retirement. Cost is nil for self-generated assets, assets with enhanced compulsory-acquisition compensation, and where cost cannot be ascertained. Act-Rules Bills Thu, 16 Sep 2010 18:43:21 +0530 https://www.taxtmi.com/acts?id=11708