Judicial Dictionary - C

Judicial Dictionary


Legislative Dictionary


Capital gains

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CategoryC
TitleCapital gains
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In computing the capital gains, the income under the head "Capital gains" shall be computed after deduction of the cost of acquisition of the land and any capital expenditure incurred for any improvements made thereon, that is any investment from the fair market value of the property in question. (Commissioner of Taxes Vs. Hazi Ahsanul Haque, 60 DLR (HCD) (2008) 172) 

Created OnJune 9, 2014, 4:18 AM
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