Method of determination of period of holding of capital assets in certain cases

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.... of this rule. (2) For the capital asset mentioned in column B of the Table below, the period for which the capital asset is held by the assessee shall be determined in accordance with column C thereof: Table Sl.No. Nature of Assets Period of holding A B C 1. Shares or debentures of a company, which becomes the property of the assessee under the circumstances mentione....

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....ence to conversion of a branch of a foreign company referred to in section 219(1). The period of holding shall include the following: (i) the period for which the asset was held by the said branch of the foreign company; or (ii) the period for which the asset was held by the previous owner, if any, who has acquired the capital asset by a mode of acquisition referred to in sect....