https://www.taxtmi.com/manuals?id=984 Transfer of a capital asset in a business reorganisation by a predecessor co-operative bank to a successor co-operative bank, and under the later provision also to a converted banking company, is treated as a transaction not regarded as a transfer for capital gains purposes. The transferee takes the asset at the same cost at which the previous owner acquired it, preserving the original cost base for tax purposes. en-us Wed, 26 Aug 2015 10:02:00 +0530 Mon, 15 Jun 2026 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=984 Transfer of a capital asset in a business reorganisation by a predecessor co-operative bank to a successor co-operative bank, and under the later provision also to a converted banking company, is treated as a transaction not regarded as a transfer for capital gains purposes. The transferee takes the asset at the same cost at which the previous owner acquired it, preserving the original cost base for tax purposes. Manuals Income Tax Wed, 26 Aug 2015 10:02:00 +0530 https://www.taxtmi.com/manuals?id=984