Ajay S.Yadav (Student) (148 Points)
27 July 2020
Venkatramana Shastry C
(Student CA Final )
(90 Points)
Replied 27 July 2020
Refer sec.48,49,55(2) and definition of 'transfer' u/s 2(47)
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 28 July 2020
| Originally posted by : Venkatramana Shastry C | ||
 |
Refer sec.48,49,55(2) and definition of 'transfer' u/s 2(47) |  |
Dear Shastry G
Kindly give context of the above provision as you mentioned for better understanding.
Venkatramana Shastry C
(Student CA Final )
(90 Points)
Replied 28 July 2020
Sec48- Refer as to the method of computing capital gains
Sec 49- Refer 49(2A) for cost of acquisition of shares/bond to be read along with clause (x) and (xi) of Sec. 2(47)
Sec 55(2)- Refer 55(2)(ac) regarding C.o.A w.r.t sec.48and 49.
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