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Cost of acquisition of transmitted shares???

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(Querist)
01 December 2010 Will the entire amount of consideration on the transfer of Shares which were transmitted (i.e. no cost of acquisition)be taxable?
Won't the cost to the previous owner be taken into account?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
01 December 2010 replied here
https://www.caclubindia.com/experts/capital-gains-tax-on-shares-530865.asp

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