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[Cites 0, Cited by 0] [Section 115A] [Entire Act]

Union of India - Subsection

Section 115A(a) in Income Tax Rules, 1962

(a)for converting the cost of acquisition of the capital asset, the average of the telegraphic transfer buying rate and telegraphic transfer selling rate of the foreign currency initially utilised in the purchase of the said asset, as on the date of its acquisition;