Cost of Acquisition

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....ost of Acquisition<br> Query (Issue) Started By: - Vikas Malhotra Dated:- 3-2-2011 Last Reply Date:- 5-2-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear All, I have a query regading cost of acqu....

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....isition for Capital gain. According to will, a man had tranfer his house to her wife but she cannot sell the property. After the death of wife the property can be sold by 2 brothers. If the house is s....

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....old by sons then 1/7th of the sale proceed will be given to her daughter. Is this be included as cost of acquistion in the hand of sons... Reply By GOPALJI AGRAWAL: The Reply: No not at all as it i....

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....s just the direction in the will for sharing the propery or the benefits derived from the property.<br> Discussion Forum - Knowledge Sharing ....