https://www.taxtmi.com/acts?id=10823 The clause excludes income from defined transfers from computation as capital gains, including HUF partition distributions; gifts and transfers into irrevocable trusts (except sweat equity); intra group transfers where parent and wholly owned Indian subsidiary treat assets as investments; transfers under business reorganisation or amalgamation/demerger when the successor is resident and not foreign; non resident transfers of bonds/GDRs outside India; donations of cultural works to notified public institutions; debt to equity conversions within the same company; securities lending scheme transfers complying with SEBI/RBI; liquidation distributions to shareholders; and transfers under a will. en-us Thu, 20 Aug 2009 12:09:08 +0530 Thu, 20 Aug 2009 12:09:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10823 The clause excludes income from defined transfers from computation as capital gains, including HUF partition distributions; gifts and transfers into irrevocable trusts (except sweat equity); intra group transfers where parent and wholly owned Indian subsidiary treat assets as investments; transfers under business reorganisation or amalgamation/demerger when the successor is resident and not foreign; non resident transfers of bonds/GDRs outside India; donations of cultural works to notified public institutions; debt to equity conversions within the same company; securities lending scheme transfers complying with SEBI/RBI; liquidation distributions to shareholders; and transfers under a will. Act-Rules Bills Thu, 20 Aug 2009 12:09:08 +0530 https://www.taxtmi.com/acts?id=10823