https://www.taxtmi.com/acts?id=53312 The rule prescribes how the period of holding of capital assets is to be determined in specified cases, including conversion-related holdings, assets declared under the Income Declaration Scheme, 2016, and assets transferred to an Indian subsidiary on conversion of a foreign branch. It also provides that amounts taxed as income of a specified entity under the capital gains head are to be attributed to short-term capital assets in defined cases, and to long-term capital assets where the underlying asset is long-term and not covered by the short-term category. en-us Fri, 20 Mar 2026 17:32:12 +0530 Mon, 06 Apr 2026 11:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53312 The rule prescribes how the period of holding of capital assets is to be determined in specified cases, including conversion-related holdings, assets declared under the Income Declaration Scheme, 2016, and assets transferred to an Indian subsidiary on conversion of a foreign branch. It also provides that amounts taxed as income of a specified entity under the capital gains head are to be attributed to short-term capital assets in defined cases, and to long-term capital assets where the underlying asset is long-term and not covered by the short-term category. Act-Rules Income Tax Fri, 20 Mar 2026 17:32:12 +0530 https://www.taxtmi.com/acts?id=53312