https://www.taxtmi.com/highlights?id=50356 Long term capital gain - process of sale of shares by holding company to the subsidiary company - time can gap between the formation of the companies and the transfer of shares to them - law does not require any time can gap - Benefit of exemption from LTCG allowed u/s 45 r.w.s 47(iv) en-us Sat, 23 Nov 2019 09:54:32 +0530 Sat, 23 Nov 2019 09:54:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50356 Long term capital gain - process of sale of shares by holding company to the subsidiary company - time can gap between the formation of the companies and the transfer of shares to them - law does not require any time can gap - Benefit of exemption from LTCG allowed u/s 45 r.w.s 47(iv) Highlights Income Tax Sat, 23 Nov 2019 09:54:32 +0530 https://www.taxtmi.com/highlights?id=50356