Amendment of section 49

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....sub-section shall be inserted with effect from the 1st day of April, 2015,-- "(2AC) Where the capital asset, being a unit of a business trust, became the property of the assessee in consideration of....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....the ways of determining cost with reference to certain modes of acquisition. It is proposed to amend section 49 so as to provide that where the capital asset, being a unit of a business trust, becam....