Question

Cost of Acquisition of capital Assets.​

Answer 1

Step-by-step explanation:

Cost of acquisition of an asset is the amount for which it was originally acquired by the assessee. It includes expenses of capital nature incurred in connection with such purchase or for completing the title of the property.

Answer 2

Step-by-step explanation:

Cost of acquisition of an asset is the amount for which it was originally acquired by the assessee. It includes expenses of capital nature incurred in connection with such purchase or for completing the title of the property

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