Capital Gain on Mergers

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....apital Gain on Mergers<br> Query (Issue) Started By: - JOHN SHANNEL Dated:- 10-3-2011 Last Reply Date:- 12-3-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>Is there Capital Gain applicable when a Who....

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....lly owned Subsidiary company gets merged with its Holding company. John Shannel Reply By Amit Goyal: The Reply: Under Sec 45 of Capital Gain Chapter..transfer of capital asset by a subsidiary Compa....

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....ny to its holding company is not regarded as transfer,provided it is wholly owned subsidiary and the holding company is Indian. Also the asstes are not transfered as stock in Trade.<br> Discussion For....

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