https://www.taxtmi.com/news?id=955 The Bill treats cost of acquisition for capital gains as the fair market value earlier taken into account for specified securities and sweat equity, and deems values taxed under receipt provisions to be the acquisition cost for transferred properties; it also allows, for specified businesses, pre commencement expenditures wholly and exclusively incurred to be deducted in the year operations commence if capitalised in the assessee's books. en-us Mon, 27 Jul 2009 18:28:43 +0530 Tue, 28 Jul 2009 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=955 The Bill treats cost of acquisition for capital gains as the fair market value earlier taken into account for specified securities and sweat equity, and deems values taxed under receipt provisions to be the acquisition cost for transferred properties; it also allows, for specified businesses, pre commencement expenditures wholly and exclusively incurred to be deducted in the year operations commence if capitalised in the assessee's books. News - Mon, 27 Jul 2009 18:28:43 +0530 https://www.taxtmi.com/news?id=955