https://www.taxtmi.com/acts?id=11079 Rules specify the cost of acquisition for shares and securities arising from amalgamation, demerger and related transactions: shares received on amalgamation take the assessee's original cost; shares in the resulting company receive a proportionate cost based on net book value to net worth ratio; original shares in the demerged company are adjusted by the amount allocated under the demerger rule. Rights, subscriptions, purchases of entitlements, sweat equity, demutualisation and share restructuring have designated valuation or nil-cost treatments. en-us Thu, 20 Aug 2009 15:43:29 +0530 Thu, 29 Oct 2009 21:25:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11079 Rules specify the cost of acquisition for shares and securities arising from amalgamation, demerger and related transactions: shares received on amalgamation take the assessee's original cost; shares in the resulting company receive a proportionate cost based on net book value to net worth ratio; original shares in the demerged company are adjusted by the amount allocated under the demerger rule. Rights, subscriptions, purchases of entitlements, sweat equity, demutualisation and share restructuring have designated valuation or nil-cost treatments. Act-Rules Bills Thu, 20 Aug 2009 15:43:29 +0530 https://www.taxtmi.com/acts?id=11079