https://www.taxtmi.com/forum/issue?id=108129 Amendment provides that where a demerged company transfers a capital asset to a resulting company under the demerger provisions, the cost of acquisition in the hands of the resulting company shall be the cost for which the demerged company acquired the asset, increased by any cost of improvement incurred by the demerged company, and the holding period of the asset in the hands of the resulting company shall include the period for which the demerged company held the asset. en-us Sat, 28 Feb 2015 20:34:07 +0530 Thu, 23 Jan 2025 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108129 Amendment provides that where a demerged company transfers a capital asset to a resulting company under the demerger provisions, the cost of acquisition in the hands of the resulting company shall be the cost for which the demerged company acquired the asset, increased by any cost of improvement incurred by the demerged company, and the holding period of the asset in the hands of the resulting company shall include the period for which the demerged company held the asset. Discussion-Forum Income Tax Sat, 28 Feb 2015 20:34:07 +0530 https://www.taxtmi.com/forum/issue?id=108129