Section 2(42C), 45, 50 & 50B of IT ACT, 1961 — Capital gains — Since the collection of assets of the undertaking included intangibles like goodwill, intellectual property, etc., their cost of acquisition could not be determined, no capital gains is chargeable under section 45 of the Act. CIT VS. Akzo Noble India Ltd. (2019) 310 CTR 255 (Calcutta)