Capital gains transfer exclusions cover corporate restructuring, succession, gold conversions, and specified market transactions subject to statutory continuity conditions. Capital gains law excludes a broad range of transactions from the meaning of transfer, including family and personal transfers, intra-group corporate transfers, amalgamations, demergers, non-resident market transactions, fund relocation, government and public sector restructurings, redemption of sovereign gold bonds, gold-EGR conversion, securities conversions, donations of items of national importance, securities lending, reverse mortgage, business trust transfers, and mutual fund consolidation. Several succession and conversion cases are conditional and require continuity of assets, liabilities, ownership, and prescribed holding thresholds, while conversions of bonds, debentures and preference shares carry continuity of holding period and cost rules.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Capital gains transfer exclusions cover corporate restructuring, succession, gold conversions, and specified market transactions subject to statutory continuity conditions.
Capital gains law excludes a broad range of transactions from the meaning of transfer, including family and personal transfers, intra-group corporate transfers, amalgamations, demergers, non-resident market transactions, fund relocation, government and public sector restructurings, redemption of sovereign gold bonds, gold-EGR conversion, securities conversions, donations of items of national importance, securities lending, reverse mortgage, business trust transfers, and mutual fund consolidation. Several succession and conversion cases are conditional and require continuity of assets, liabilities, ownership, and prescribed holding thresholds, while conversions of bonds, debentures and preference shares carry continuity of holding period and cost rules.
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