section 55

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judgement regarding cost of acquisition where the cost cant be determined
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when you can't determine COA , no capital gains levied as per court ruling

income-tax-officer-ward-1-vs-prabhuraj-b-appa

Also refer .... santosh-kumar-kejriwal-executor-vs-acit

Actually i want to know the name of the judgement
B C SRINIVAS SHETTY (SC) held as Where cost of acquisition of assets can't be determined it will be taken as INDETERMINATE and therefore capital gains would be Nil.

Thanks.


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