Capital asset transfer between public sector companies receives non-transfer treatment under a Central Government-approved restructuring plan. The Central Government notifies the transfer of a capital asset by Nuclear Power Corporation of India Limited to Anushakti Vidhyut Nigam Limited for non-transfer treatment under section 47(viiaf) of the Income-tax Act, 1961 read with section 536(2) of the Income-tax Act, 2025. The transfer is under a Central Government-approved plan and applies to the year of transfer, Financial Year 2025-26, corresponding to Assessment Year 2026-27. Retrospective application is certified not to adversely affect any person.