Transfer of Capital Asset - Section 2(47)

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Full Text of the Document

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....in trade, or * Allowing the possession of any immovable property to be taken or retained in part performance of a contract; or * Any transaction (like becoming member of, or acquiring shares in a Co. operative society) which has the effect of transferring or enabling the enjoyment of immovable property; or * The redemption or maturity of zero coupon Bonds (ZCB); or * The possession of an....