https://www.taxtmi.com/caselaws?id=271961 The Tribunal held that the cost of acquisition of BSE shares should be the written down value (WDV) of the BSE membership card as at the beginning of the previous year of demutualization and indexation should start from the year of demutualization (FY 2005-06). This decision aligns with Sections 50, 55(2)(ab), and 2(42A) of the Income Tax Act, preventing double deduction and ensuring accurate computation of capital gains. The appeal was dismissed. en-us Wed, 10 Feb 2016 00:00:00 +0530 Tue, 23 Feb 2016 10:22:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271961 The Tribunal held that the cost of acquisition of BSE shares should be the written down value (WDV) of the BSE membership card as at the beginning of the previous year of demutualization and indexation should start from the year of demutualization (FY 2005-06). This decision aligns with Sections 50, 55(2)(ab), and 2(42A) of the Income Tax Act, preventing double deduction and ensuring accurate computation of capital gains. The appeal was dismissed. Case-Laws Income Tax Wed, 10 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271961