Section 47(vid) - Transfer or issue of shares by the resulting company in a scheme of demerger to the shareholders of the demerged company - Income Tax - Ready Reckoner - Income Tax

Section 47(vid) :- Transfer or issue of shares by the resulting company in a scheme of demerger to the shareholders of the demerged 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(vid) Shares issued in the scheme of demerger, by the resulting company to the shareholders of demerged company, in consideration of demerger Demerged Company Any person(shareholders of the demerged company) Shares of resulting company proportionate cost of acquisition off shares in demerged company POH of previous owner shall also be included.