Conversion of gold and Electronic Gold Receipts excluded from 'transfer' for capital gains, per new statutory provision. Section 47(viid) excludes from the definition of transfer for capital gains any conversion of gold into an Electronic Gold Receipt issued by a Vault Manager, or conversion of an Electronic Gold Receipt into gold. The provision cross-references the regulatory meanings of 'Electronic Gold Receipt' and 'Vault Manager' and was inserted by the Finance Act, 2023, establishing a non-recognition rule for such conversion transactions under the Income Tax provisions.