https://www.taxtmi.com/acts?id=51570 Computation of actual cost is the assessee's actual outlay reduced by third party contributions, input tax and excise credits, and subsidies or grants relatable to acquisition; non bank payments exceeding the prescribed daily aggregate are excluded; non attributable subsidies are apportioned pro rata. Specific circumstances in a table govern actual cost on amalgamation, demerger, inventory conversion, gifts, inheritances, intra group transfers, reacquisitions, use after research, import by former non residents, corporatisation, prior deductions becoming deemed income, and interest related to acquisition. The Assessing Officer may adjust cost where transfers mainly aim to reduce tax, subject to Joint Commissioner approval. "Special modes of acquisition" is defined. en-us Wed, 13 Aug 2025 18:50:56 +0530 Fri, 05 Sep 2025 12:22:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51570 Computation of actual cost is the assessee's actual outlay reduced by third party contributions, input tax and excise credits, and subsidies or grants relatable to acquisition; non bank payments exceeding the prescribed daily aggregate are excluded; non attributable subsidies are apportioned pro rata. Specific circumstances in a table govern actual cost on amalgamation, demerger, inventory conversion, gifts, inheritances, intra group transfers, reacquisitions, use after research, import by former non residents, corporatisation, prior deductions becoming deemed income, and interest related to acquisition. The Assessing Officer may adjust cost where transfers mainly aim to reduce tax, subject to Joint Commissioner approval. "Special modes of acquisition" is defined. Act-Rules Income Tax Wed, 13 Aug 2025 18:50:56 +0530 https://www.taxtmi.com/acts?id=51570