https://www.taxtmi.com/highlights?id=21819 In the case of an assessee covered under section 49(1) of the Act, the capital gains liability has to be computed by considering that the assessee held the said asset from the date it was held by the previous owner and the same analogy has also to be applied in determining the indexed cost of acquisition - AT en-us Wed, 18 Feb 2015 02:17:00 +0530 Wed, 18 Feb 2015 02:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=21819 In the case of an assessee covered under section 49(1) of the Act, the capital gains liability has to be computed by considering that the assessee held the said asset from the date it was held by the previous owner and the same analogy has also to be applied in determining the indexed cost of acquisition - AT Highlights Income Tax Wed, 18 Feb 2015 02:17:00 +0530 https://www.taxtmi.com/highlights?id=21819