Any transfer by way of conversion of bonds or debentures of a company into the shares or debentures of that company - (New) Section 70(1)(z) / (Old) Section 47(x)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ection 70 of the Income Tax Act, 2025 [ From 01.04.2026 ] Section Transaction not regarded as transfer Transferor  Transferee  Capital asset involved What is the cost in the hands of transferee Period of holding  70(1)(z) Any Transfer by way of conversion of bonds or debentures, debenture-stock or deposit certificates in any form, of a company into ....