The cost of improvement in relation to the capital asset being goodwill of the business shall be taken to be as :
A. Cost incurred by the previous owner
B. Actual cost incurred by the assessee
C. Incurred cost after indexation
D. None of the above
Answer:D
The cost of improvement in relation to the capital asset being goodwill of the business shall be taken to be as :
A. Cost incurred by the previous owner B. Actual cost incurred by the assessee C. Incurred cost after indexation D. None of the above