Electronic Gold Receipt Conversion Exempt from Capital Gains Transfer; Acquisition Cost Tied to Original Gold Purchase. https://www.taxtmi.com/highlights?id=68035 New Provisions on Electronic Gold Receipt (EGR) :- 1. For the purpose of capital gain conversion of gold to EGR and vice versa is excluded from purview of 'Transfer" 2. Cost of acquisition of EGR shall be the cost of gold in hands of the assessee for the prupose of 'Capital Gain'. 3. Period of holding for EGR would include date on which gold first acquired and vice versa en-us Thu, 02 Feb 2023 16:10:39 +0530 Thu, 02 Feb 2023 18:58:19 +0530 TaxTMI RSS Generator Electronic Gold Receipt Conversion Exempt from Capital Gains Transfer; Acquisition Cost Tied to Original Gold Purchase. https://www.taxtmi.com/highlights?id=68035 New Provisions on Electronic Gold Receipt (EGR) :- 1. For the purpose of capital gain conversion of gold to EGR and vice versa is excluded from purview of 'Transfer" 2. Cost of acquisition of EGR shall be the cost of gold in hands of the assessee for the prupose of 'Capital Gain'. 3. Period of holding for EGR would include date on which gold first acquired and vice versa Highlights Indian Laws Thu, 02 Feb 2023 16:10:39 +0530 https://www.taxtmi.com/highlights?id=68035