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Transfer of shares held in an Indian company by a demerged foreign company to the resulting foreign company - Section 47(vic)

Transfer of shares held in an Indian company by a demerged foreign company to the resulting foreign company - Section 47(vic) - Income Tax - Capital Gains - Certain transactions not regarded as Transf .....

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held in an Indian company by a demerged foreign company to the resulting foreign company if: Persons holding at least 75% (in value) shares in the demerged foreign company should become shareholders .....

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