https://www.taxtmi.com/acts?id=48698 Where shares allotted in exchange for membership of a recognised stock exchange are transferred within three years of the original transfer, profits and gains not charged under section 45 by virtue of clause (xi) of section 47 are deemed to be income chargeable under the head Capital gains in the previous year in which those shares are transferred. en-us Thu, 13 Feb 2025 17:58:04 +0530 Thu, 13 Feb 2025 17:58:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48698 Where shares allotted in exchange for membership of a recognised stock exchange are transferred within three years of the original transfer, profits and gains not charged under section 45 by virtue of clause (xi) of section 47 are deemed to be income chargeable under the head Capital gains in the previous year in which those shares are transferred. Act-Rules F. Acts / Amendment Acts Thu, 13 Feb 2025 17:58:04 +0530 https://www.taxtmi.com/acts?id=48698