https://www.taxtmi.com/highlights?id=38288 Transfer of capital asset by a company to its subsidiary company - Long term capital gain v/s long term capital loss - transaction cannot be regarded as transfer u/s 2(47)(iv) - the question of computing either capital loss or capital gain does not arise. Thus, the assessee is not entitled to carry forward the capital loss of ₹ 25 crores as claimed - AT en-us Sun, 11 Mar 2018 07:13:40 +0530 Sun, 11 Mar 2018 07:13:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=38288 Transfer of capital asset by a company to its subsidiary company - Long term capital gain v/s long term capital loss - transaction cannot be regarded as transfer u/s 2(47)(iv) - the question of computing either capital loss or capital gain does not arise. Thus, the assessee is not entitled to carry forward the capital loss of ₹ 25 crores as claimed - AT Highlights Income Tax Sun, 11 Mar 2018 07:13:40 +0530 https://www.taxtmi.com/highlights?id=38288