https://www.taxtmi.com/forum/issue?id=108096 Tax neutrality is proposed for consolidation of similar mutual fund schemes where consolidation involves all equity oriented schemes or all non-equity schemes; the cost of acquisition of consolidated units will be the cost of units in the consolidating schemes and the holding period of consolidated units will include the holding periods of consolidating units, preserving continuity for capital gains computation. The proposal defines consolidating and consolidated schemes in relation to the regulatory merger process and is to take effect from 1st April, 2016. en-us Sat, 28 Feb 2015 19:08:19 +0530 Thu, 23 Jan 2025 15:57:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108096 Tax neutrality is proposed for consolidation of similar mutual fund schemes where consolidation involves all equity oriented schemes or all non-equity schemes; the cost of acquisition of consolidated units will be the cost of units in the consolidating schemes and the holding period of consolidated units will include the holding periods of consolidating units, preserving continuity for capital gains computation. The proposal defines consolidating and consolidated schemes in relation to the regulatory merger process and is to take effect from 1st April, 2016. Discussion-Forum Income Tax Sat, 28 Feb 2015 19:08:19 +0530 https://www.taxtmi.com/forum/issue?id=108096