https://www.taxtmi.com/forum/issue?id=110186 Date of acquisition for assets following a demerger is the purchase date of the demerged company, and the holding period for classifying transfers as short term or long term capital gains is calculated from that date. If the land qualifies as rural agricultural land, short term capital gains are noted as exempt; no operative details on tax authority enforcement or auction are provided. en-us Wed, 13 Apr 2016 21:04:16 +0530 Thu, 23 Jan 2025 15:56:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110186 Date of acquisition for assets following a demerger is the purchase date of the demerged company, and the holding period for classifying transfers as short term or long term capital gains is calculated from that date. If the land qualifies as rural agricultural land, short term capital gains are noted as exempt; no operative details on tax authority enforcement or auction are provided. Discussion-Forum Companies Law Wed, 13 Apr 2016 21:04:16 +0530 https://www.taxtmi.com/forum/issue?id=110186