Section 47(iii) - Transfer of capital asset under a gift, will or an irrevocable trust

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....ed u/s 2(14) What is the cost in the hands of transferee Period of Holding 47(iii) Transfer of capital asset under a gift, will or an irrevocable trust Individuals Any person Any capital asset except Shares/Debentures/Warrants allotted to the transferor individual under ESOP. Cost to the previous owner/individual transferor POH of previous owner shall also be considered. Exception: ....