Determination of cost of specified transfers u/s 49 - any transfer in a demerger, of a capital asset, being a share or shares held in an Indian company – cost of the previous owner to be taken - Budget 2017-18 w.e.f. AY 2018-19

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....et 2017-18 w.e.f. AY 2018-19<br>Clause - 025 - Amendment of section 49. THE FINANCE BILL, 2017<br>Bill <br>Act-Rules<br>Dated:- 3-2-2017<br>Clause - 025 - Amendment of section 49. THE FINANCE BILL, ....

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....vious owner of the property acquired it, as increased by the cost of any improvement of the assets incurred or borne by the previous owner or the assessee, as the case may be. It is proposed to amend....