2019 (11) TMI 359

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....ore the Bench to pass a confirming order by the division Bench. The learned third member has now concurred with a view taken by the judicial Member Vide Para 34, 35, 36 as under: - "34. In light of the above discussion, I hereby hold that the cost of acquisition of shares of BSE Ltd. shall be the original cost of acquisition of membership card in terms of Section 55(2)(ab) of the Act even....

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....of shares will be original cost of the membership card in terms of Section 55(2)(ab) of the Act." Since, majority view now is that the cost of acquisition of shares of BSE Ltd. shall be the original cost of acquisition of Membership called in term of section 55(2)(ab) of the Act and period of holding of shares of BSE Ltd will be period for which the person was a member of the recognised stock e....