https://www.taxtmi.com/manuals?id=981 Any transfer of shares of a Special Purpose Vehicle to a business trust in exchange for units allotted by that trust is treated as a transaction not regarded as transfer. The cost of acquisition of the business trust units is the cost at which the shares were acquired in the SPV, and the period for which the shares were held in the SPV is also included for later transfer of the units. en-us Wed, 26 Aug 2015 09:59:00 +0530 Thu, 28 May 2026 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=981 Any transfer of shares of a Special Purpose Vehicle to a business trust in exchange for units allotted by that trust is treated as a transaction not regarded as transfer. The cost of acquisition of the business trust units is the cost at which the shares were acquired in the SPV, and the period for which the shares were held in the SPV is also included for later transfer of the units. Manuals Income Tax Wed, 26 Aug 2015 09:59:00 +0530 https://www.taxtmi.com/manuals?id=981