https://www.taxtmi.com/acts?id=49079 Clause 81 requires that any advance or other money received and retained in respect of prior negotiations for transfer of a capital asset be deducted from the asset's cost of acquisition, written down value, or fair market value when computing cost of acquisition for capital gains; however, the deduction does not apply if that advance has already been included in the assessee's total income under section 92(2)(h). en-us Fri, 14 Feb 2025 16:44:03 +0530 Fri, 14 Feb 2025 16:44:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49079 Clause 81 requires that any advance or other money received and retained in respect of prior negotiations for transfer of a capital asset be deducted from the asset's cost of acquisition, written down value, or fair market value when computing cost of acquisition for capital gains; however, the deduction does not apply if that advance has already been included in the assessee's total income under section 92(2)(h). Act-Rules Bills Fri, 14 Feb 2025 16:44:03 +0530 https://www.taxtmi.com/acts?id=49079