https://www.taxtmi.com/acts?id=41393 Deductions for interest and specified chapter deductions are excluded from the cost of acquisition or cost of improvement. For business trust units, any non-taxable distributions received by a unit holder reduce the cost of acquisition and are deemed to have always reduced that cost; if a unit transfer is not treated as a transfer and cost is determined under alternative rules, amounts received before and after the transaction are also to be reduced from the cost. en-us Thu, 30 Mar 2023 15:26:23 +0530 Sat, 01 Apr 2023 16:51:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41393 Deductions for interest and specified chapter deductions are excluded from the cost of acquisition or cost of improvement. For business trust units, any non-taxable distributions received by a unit holder reduce the cost of acquisition and are deemed to have always reduced that cost; if a unit transfer is not treated as a transfer and cost is determined under alternative rules, amounts received before and after the transaction are also to be reduced from the cost. Act-Rules F. Acts / Amendment Acts Thu, 30 Mar 2023 15:26:23 +0530 https://www.taxtmi.com/acts?id=41393