SMT. RUGMANI VARMA versus COMMISSIONER OF INCOME-TAX
The cost of acquiring capital from the acquisition of section 55 will be subject to the clause that the acquisition will be paid to his sisters by Rs 30,000, thereby determining the cost of acquisition. Under section 55 (2) of the Property Assessment Options charge. The acquisition of cost was not deductible at Rs 30,000 as part of the Indian Income Tax Act, 1961, section 55 (2) (b) (ii).
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