Section 47(xviii) - Any transfer by a unit holder of a capital asset, held by him in the consolidating scheme of mutual fund

Section 47(xviii) - Any transfer by a unit holder of a capital asset, held by him in the consolidating scheme of mutual fund https://www.taxtmi.com/manuals?id=982 Any transfer by a unit holder of units held in the consolidating scheme of a mutual fund is not regarded as a transfer when made in consideration of allotment of units in the consolidated scheme. The provision applies to consolidation of two or more schemes of an equity oriented fund or of two or more schemes of a fund other than an equity oriented fund. en-us Wed, 26 Aug 2015 09:59:00 +0530 Thu, 28 May 2026 17:06:00 +0530 TaxTMI RSS Generator Section 47(xviii) - Any transfer by a unit holder of a capital asset, held by him in the consolidating scheme of mutual fund https://www.taxtmi.com/manuals?id=982 Any transfer by a unit holder of units held in the consolidating scheme of a mutual fund is not regarded as a transfer when made in consideration of allotment of units in the consolidated scheme. The provision applies to consolidation of two or more schemes of an equity oriented fund or of two or more schemes of a fund other than an equity oriented fund. Manuals Income Tax Wed, 26 Aug 2015 09:59:00 +0530 https://www.taxtmi.com/manuals?id=982