Amendment of section 55

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....om the 1st day of April, 1988, - (a) in sub-section (1), in clause (b), for the words "cost of any improvement", in relation to a capital asset, - ', the following shall be substituted....

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....ation to a capital asset, being goodwill of a business, - (i) in the case of acquisition of such asset by the assessee by purchase from a previous owner, means the amount of the purchase price; and ....