Part DCASafe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC )
Period of holding for capital assets is determined by special rules for conversions, declared assets, and specified capital gains cases. Period of holding for capital assets is determined under a special rule for specified cases. For shares or debentures acquired on conversion within ... Summary
Period of holding for capital assets is determined by special rules for conversions, declared assets, and specified capital gains cases.
Period of holding for capital assets is determined under a special rule for specified cases. For shares or debentures acquired on conversion within section 47(x), the earlier holding period of the original bond, debenture, debenture-stock or deposit certificate is included. For assets declared under the Income Declaration Scheme, 2016, immovable property is reckoned from the date of acquisition if supported by a registered deed, while other assets are reckoned from 1 June 2016.
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