Capital Gain on Mergers
X X X X Extracts X X X X
X X X X Extracts X X X X
....apital Gain on Mergers<br> Query (Issue) Started By: - JOHN SHANNEL Dated:- 10-3-2011 Last Reply Date:- 12-3-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>Is there Capital Gain applicable when a Who....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lly owned Subsidiary company gets merged with its Holding company. John Shannel Reply By Amit Goyal: The Reply: Under Sec 45 of Capital Gain Chapter..transfer of capital asset by a subsidiary Compa....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ny to its holding company is not regarded as transfer,provided it is wholly owned subsidiary and the holding company is Indian. Also the asstes are not transfered as stock in Trade.<br> Discussion For....
X X X X Extracts X X X X
X X X X Extracts X X X X
....um - Knowledge Sharing ....