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    <title>Amendment of section 49.</title>
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    <description>Amendment expands the cost of acquisition rules by including transfers under clause (vib) within clause (iii)(e) of subsection (1) of section 49 and prescribing that, for units in a consolidated mutual fund received pursuant to the transfer referred to in clause (xviii) of section 47, the cost of acquisition shall be deemed to be the cost to the assessee of the units in the consolidating scheme, preserving the previous owner&#039;s cost basis and adjustments for improvements.</description>
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      <description>Amendment expands the cost of acquisition rules by including transfers under clause (vib) within clause (iii)(e) of subsection (1) of section 49 and prescribing that, for units in a consolidated mutual fund received pursuant to the transfer referred to in clause (xviii) of section 47, the cost of acquisition shall be deemed to be the cost to the assessee of the units in the consolidating scheme, preserving the previous owner&#039;s cost basis and adjustments for improvements.</description>
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