Determination of cost of specified transfers u/s 49 - the transfer of an asset, being the asset held by a trust or an institution in respect of which accreted income 1.6.2016 (Retrospective)

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....- 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, 2017 Clause 25 of the Bill seeks to am....

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....in accordance with the provisions of Chapter XIIEB, the cost of acquisition of such asset shall be deemed to be the fair market value of the asset which has been taken into account for computation of ....