https://www.taxtmi.com/acts?id=50267 If, within a limited period after a non taxable transfer, the transferee converts the capital asset into, or treats it as, stock in trade, or the parent/holding company ceases to hold the whole share capital of the subsidiary, the gains that were not charged by reason of the non recognition clauses shall be deemed income chargeable as capital gains in the previous year in which the transfer occurred. en-us Thu, 06 Mar 2025 18:05:53 +0530 Thu, 06 Mar 2025 18:05:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50267 If, within a limited period after a non taxable transfer, the transferee converts the capital asset into, or treats it as, stock in trade, or the parent/holding company ceases to hold the whole share capital of the subsidiary, the gains that were not charged by reason of the non recognition clauses shall be deemed income chargeable as capital gains in the previous year in which the transfer occurred. Act-Rules F. Acts / Amendment Acts Thu, 06 Mar 2025 18:05:53 +0530 https://www.taxtmi.com/acts?id=50267