Meaning of Transfer of Capital Asset -(New) Section 2(109) / (Old) Section 2(47)

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....e, exchange or relinquishment of the asset; or • (b) the extinguishment of any rights therein; or • (c) the compulsory acquisition thereof under any law in force; or • (d) where the asset is converted by the owner into, or is treated by him as, stock-in-trade of a business carried on by him, such conversion or treatment; or • (e) the maturity or ....

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....oluntarily or involuntarily, by way of an agreement (whether entered into in India or outside India) or otherwise, irrespective of whether such transfer of rights has been characterised as being effected or dependent upon or flowing from the transfer of a share or shares of a company registered or incorporated outside India, Meaning of important Term for the Purpose section 2(109) "Immovable....

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....in, a co-operative society, company or other association of persons or by way of any agreement or any arrangement of whatever nature), not being a transaction by way of sale, exchange or lease of such land, building or part of a building; Exception of Transfer define under section 70 [ Refer this Chapter ] Under Section 2(47) of the Income Tax Act, 1961 [Upto 31.03.2026] Transfer in ....

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.... performance of a contract of the nature referred to in section 53A of the Transfer of Property Act, 1882. Notes :- • "transfer" also includes disposing of or parting with an asset or interest therein or creating any interest in any asset in any manner whatsoever  • either directly or indirectly, absolutely or conditionally voluntarily or involuntarily by way....