TMI BlogComputation of capital gain - Addition on account of conversion of cumulative and compulsory convertible...Computation of capital gain - Addition on account of conversion of cumulative and compulsory convertible preference shares (CCPS) into equity shares treating the same as transfer u/s 2(47) - Such conversion cannot be treated as transfer - no additions. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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