Capital Gains Cannot Be Computed Due to Lack of Cost of Acquisition in Property Release Deed by Assessee.

Capital Gains Cannot Be Computed Due to Lack of Cost of Acquisition in Property Release Deed by Assessee. https://www.taxtmi.com/highlights?id=21494 Long Term Capital Gain - assessee executed a release deed of property - when undisputedly, there is no cost of acquisition to assessee, the computation provision fails, accordingly, capital gain cannot be computed - AT en-us Wed, 21 Jan 2015 09:00:34 +0530 Wed, 21 Jan 2015 09:00:34 +0530 TaxTMI RSS Generator Capital Gains Cannot Be Computed Due to Lack of Cost of Acquisition in Property Release Deed by Assessee. https://www.taxtmi.com/highlights?id=21494 Long Term Capital Gain - assessee executed a release deed of property - when undisputedly, there is no cost of acquisition to assessee, the computation provision fails, accordingly, capital gain cannot be computed - AT Highlights Income Tax Wed, 21 Jan 2015 09:00:34 +0530 https://www.taxtmi.com/highlights?id=21494