Transfer of shares held in an Indian company by a demerged foreign company to the resulting foreign company - (New) Section 70(1)(l) / (Old) Section 47(vic)

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....he Income Tax Act, 2025 [ From 01.04.2026 ] Section Transaction not regarded as transfer Transferor  Transferee  Capital asset  What is the cost in the hands of transferee Period of holding  70(1)(l) Transfer of a capital asset in a demerger, being a share or shares held in an Indian company, by the demerged foreign company to the resulting foreign....

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....arded as transfer Transferor  Transferee Capital asset involved What is the cost in the hands of transferee Period of holding  47(vic)   Transfer in a scheme of demerger, where in such transfer does not attract Capital Gains in the Country of incorporation of demerged foreign company if- • (a) the shareholders holding not less than thre....