§ 75
Chapter IV — Computation Of Total Income
Special provision for cost of acquisition in case of depreciable asset
Income-tax Act, 2025
When depreciation is claimed for a capital asset, the cost of acquisition is adjusted. The written down value of the asset is used as the cost of acquisition. This applies to capital gains calculations.
- Relevant sections: 33(2), 41, 72, and 73
📜 Official text of the section +
75. 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.
Special provision for computation of capital gains in case of Market Linked
Debenture.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.