Q. Cost of acquisition of capital asset being immovable property acquired through gift covered u/s 49(4) is: (Solved)
1. Actual cost of acquisition to the previous owner
2. Nil
3. Stamp duty value of the property as considered while computing income u/s 56(2)
4. Actual cost of acquisition to the assessee.
- c. Stamp duty value of the property as considered while computing income u/s 56(2)