What shall be considered as the cost of machinery reacquired by EB Systems from Mr. Mayank, for income tax purposes?

As per Explanation 4 to section 43 of the Income Tax Act, 1961- where any asset which had once belonged to the assessee and had been used by him for the purposes of his business or profession and thereafter ceased to be his property by reason of transfer or otherwise, is re-acquired by him, the actual cost to the assessee shall be- (i) the actual cost to him when he first acquired the asset as reduced by the amount of depreciation that would have been allowable to the assessee. (ii) the actual price for which the asset is re-acquired by him, whichever is less. The other machinery of EB Systems was sold for 1,30,000. The WDV of which was - 1,00,000. However, such other machinery was reacquired by EB Systems on 10th September, 2025, at a cost of 1,50,000. Accordingly, the WDV of such machinery was - 1,00,000 and reacquisition cost was - 1,50,000. Thus,1,00,000 shall be considered as the cost of machinery reacquired by EB Systems from Mr. Mayank, for income tax purposes.