Transfer involved in a scheme of lending of securities - (New) Section 70(1)(zg) /(Old) Section 47(xv)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r Transferee Capital asset involved What is the cost in the hands  of transferee 70(1)(zg) in a scheme for lending of any securities under an agreement or arrangement, entered into by the assessee with the borrower of such securities and which is subject to the guidelines issued by the Securities and Exchange Board of India or the Reserve Bank of India; Any pe....