https://www.taxtmi.com/acts?id=32014 Where a specified capital asset is used for business or profession, the actual cost to the assessee shall be the fair market value previously taken into account for the relevant income provision. Additionally, for trading in agricultural commodity derivatives, the requirement that commodity transaction tax be chargeable under the commodity tax enactment shall not apply for the purposes of the specific proviso, clarifying application of that proviso to such derivative transactions. en-us Mon, 19 Mar 2018 14:37:13 +0530 Mon, 19 Mar 2018 14:37:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32014 Where a specified capital asset is used for business or profession, the actual cost to the assessee shall be the fair market value previously taken into account for the relevant income provision. Additionally, for trading in agricultural commodity derivatives, the requirement that commodity transaction tax be chargeable under the commodity tax enactment shall not apply for the purposes of the specific proviso, clarifying application of that proviso to such derivative transactions. Act-Rules F. Acts / Amendment Acts Mon, 19 Mar 2018 14:37:13 +0530 https://www.taxtmi.com/acts?id=32014