Just a moment...

Top
Help
AI Drafter

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

Try Now
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

SEVENTEENTH SCHEDULE - DETERMINATION OF COST OF ACQUISITION IN CERTAIN CASES

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....y, being an Indian company By way of transfer referred to in clause (g) of sub-section (1) of section 45. The cost of acquisition to the assessee of the shares in the amalgamating company 02. Shares or debenture in a company By way of transfer referred to in clause (j) or clause (k) of sub-section (1) of section 45. That part of the cost of bond, debenture, debenture-stock or dep....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ssee to the company or institution, as the case may be, for acquiring the capital asset. 06. Shares or any other security. By way of purchase of the right in the nature of an entitlement to subscribe the shares or any other security. The aggregate of the amount of purchase price paid by the assessee to the person renouncing the right and the amount paid by him to the company or institu....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ved by the Securities and Exchange Board of India. Cost of acquisition by the assessee of his original membership of the Exchange. 11. Shares or stocks of a company. (a) in pursuance of consolidation or division of all or any of the share capital of the company into shares of larger amount or smaller amount The cost of acquisition of the shares or stock fromwhich the capital asset is deri....