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Transfer by a shareholder, in a scheme of amalgamation, of the shares held by him in the amalgamating company - Section 47(vii)

Income Tax - Capital Gains - Certain transactions not regarded as Transfer - 12 - Section 47(vii):- Transfer by a shareh .....

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ed as transfer What is the cost in the hands of transferee If the transferee subsequently transfers the asset, whether p .....

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tion, of the shares held by him in the amalgamating company if: a)The transfer is made in consideration of allotment to .....

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