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Transfer of membership right in a stock exchange - (Old) Section 47(xiiia)
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....mbership right in a stock exchange Under Section 47(xiiia) of the Income Tax Act, 1961 [ Upto 31.03.2026 ] Section Transaction not regarded as transfer Transferor Transf....
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....d Exchange Board of India Any person Any person Membership rights of a recognised Stock Exchange. The cost of capital asset shall be NIL (i) Cost of Acquisition of equity share....
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