Section 47(xv) - Transfer involved in a scheme of lending of securities - Income Tax - Ready Reckoner - Income Tax

Section 47(xv) :- Transfer involved in a scheme of lending of securities Section Transaction not regarded as transfer Transferor u/s 2(47) Transferee u/s 2(47) Capital asset involved u/s 2(14) What is the cost in the hands of transferee 47(xv) Transfer in a scheme for lending of any securities under an agreement or arrangement, which the assessee has entered into with the borrower of such securities and which is subject to the guidelines issued by the Securities and Exchange Board of India and Reserve Bank of India Any person Any person Securities as per SEBI and RBI guidelines value at which transfer takes place