Section 47(viab) - Transfer of capital assets in a scheme of amalgamation, being a share of a foreign company

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....ner<br>Income Tax<br>Section 47(viab):- Transfer of capital assets in a scheme of amalgamation, being a share of a foreign company Section Transaction not regarded as transfer Transferor u/s 2(47....

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....lgamating foreign company to the amalgamated foreign company if: Amalgamating foreign company Amalgamated foreign company any capital asset Cost to the previous owner/transferor Banking company....