https://www.taxtmi.com/manuals?id=962 Transfer of a capital asset between a holding company and its wholly owned subsidiary company, where the recipient is an Indian company, is treated as a transaction not regarded as a transfer. The transferee takes the cost to the previous owner, and the previous owner's period of holding is counted. The exemption is withdrawn if, within eight years, the asset is converted into stock-in-trade or the holding company ceases to hold the subsidiary's entire share capital. en-us Tue, 25 Aug 2015 17:23:00 +0530 Thu, 28 May 2026 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=962 Transfer of a capital asset between a holding company and its wholly owned subsidiary company, where the recipient is an Indian company, is treated as a transaction not regarded as a transfer. The transferee takes the cost to the previous owner, and the previous owner's period of holding is counted. The exemption is withdrawn if, within eight years, the asset is converted into stock-in-trade or the holding company ceases to hold the subsidiary's entire share capital. Manuals Income Tax Tue, 25 Aug 2015 17:23:00 +0530 https://www.taxtmi.com/manuals?id=962