https://www.taxtmi.com/manuals?id=971 Transfer by a shareholder, in a scheme of amalgamation, of shares held in the amalgamating company is treated as not a transfer where the consideration is allotment of shares in the amalgamated company, except where the shareholder itself is the amalgamated company, and the amalgamated company is an Indian company. The transferee's cost basis follows the shareholder's cost of acquisition, and the period of holding includes the previous owner's holding period. en-us Wed, 26 Aug 2015 09:40:00 +0530 Mon, 15 Jun 2026 13:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=971 Transfer by a shareholder, in a scheme of amalgamation, of shares held in the amalgamating company is treated as not a transfer where the consideration is allotment of shares in the amalgamated company, except where the shareholder itself is the amalgamated company, and the amalgamated company is an Indian company. The transferee's cost basis follows the shareholder's cost of acquisition, and the period of holding includes the previous owner's holding period. Manuals Income Tax Wed, 26 Aug 2015 09:40:00 +0530 https://www.taxtmi.com/manuals?id=971