Section 47(vi) - Transfer of a capital asset by the amalgamating company to the amalgamated company - Income Tax - Ready Reckoner - Income Tax

Section 47(vi) :- Transfer of a capital asset by the amalgamating company to the amalgamated company 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 Period of Holding 47(vi) Transfer of a capital asset by the amalgamating company to the amalgamated company in a scheme of amalgamation provided that the amalgamated company is an Indian Company. Amalgamating company Amalgamated Indian Company Any Capital Asset Cost to the previous owner/amalgamating company POH of previous owner shall also be considered. Note:- Capital asset should be transferred in the scheme of amalgamation The amalgamated company is an Indian Company.