Any transfer of a capital asset, being share of a Special Purpose Vehicle (SPV) to a business trust - (New) Section 70(1)(zi) / (Old) Section 47(xvii)

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....Act, 2025 [ From 01.04.2026 ] Section Transaction not regarded as transfer Capital asset involved What is the cost in the hands of transferee If the transferee subsequently transfers the asset, whether period of holding by the previous owner should be included 70(1)(zi) Transfer of a capital asset, being share or shares of a special purpose vehicle to a business tr....

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....ently transfers the asset, whether period of holding by the previous owner should be included 47(xvii)   Any transfer of a capital asset, being share of a Special Purpose Vehicle (SPV) to a business trust in exchange of units allotted by that trust to the transferor. Shares of SPV The COA of units of Business Trust in hands of shareholder of SPV shall be cost at which shares....