Section 47(vic) - Transfer of shares held in an Indian company by a demerged foreign company to the resulting foreign company

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....ax - Ready Reckoner<br>Income Tax<br>Section 47(vic):- Transfer of shares held in an Indian company by a demerged foreign company to the resulting foreign company Section Transaction not regarded as....

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....mestic company) Value by which the original cost of acquisition of shares in the demerged company exceeds cost of acquisition of shares of the resulting company - NOTE:- * Persons holding atleast....