Transfer of shares held in an Indian company, by the amalgamating foreign company to the amalgamated foreign company - (New) Section 70(1)(g) / (Old) Section 47(via)

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.... Under Section 70 of the Income Tax Act, 2025 Section Transaction not regarded as transfer Transferor Transferee Capital asset involved What is the cost in the hands of transferee Period of Holding Section 70(1)(g) Transfer in a scheme of amalgamation, to him of a capital asset being a share or shares held in an Indian company by the amalgamating foreign com....

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....ding 47(via) Transfer in a scheme of amalgamation, of shares held in an Indian company, by the amalgamating foreign company  to the amalgamated foreign company if: • At least 25% of the shareholders of the amalgamating foreign company continue to remain shareholders of the amalgamated foreign company and • Such transfer does not attract tax on capital gains in ....