Section 47(xa) - Any transfer by way of conversion of bonds referred to in Section 115AC(1)(a) into shares or debentures of any company - Income Tax - Ready Reckoner - Income Tax

Section 47(xa) :- Any transfer by way of conversion of bonds referred to in Section 115AC(1)(a) into shares or debentures of any 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(xa) Any transfer by way of conversion of bonds referred to in Section 115AC(1)(a) into shares or debentures of any company. Any person Any person Bonds u/s 115AC(1) into shares, debentures Cost of shares / debentures would be cost of original bonds POH of previous owner shall not be considered