Income Tax Act 2025: Section 75 for Tax Year 2025-26

If depreciation was claimed under section 33(2), the asset’s adjusted WDV per section 41 is considered its acquisition cost per sections 72 & 73.

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Special provision for cost of acquisition in case of depreciable asset

If depreciation has been obtained under section 33(2) for a capital asset in any tax year, the provisions of sections 72 and 73 shall apply subject to the modification that the written down value, as defined in section 41, of the asset, as adjusted, shall be taken as the cost of acquisition of the asset.


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