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TMI BlogHow to determine Period of HoldingX X X X Extracts X X X X X X X X Extracts X X X X ..... uations How to calculate the period of holding Right Shares From the date of allotment of right shares. Bonus Shares From the date of allotment of bonus shares. Shares held in a company-in-liquidation The period subsequent to the date on which the company goes into liquidation shall be excluded. Capital asset which becomes the property of the assessee in the circumstances mentioned in section 49(1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pursuant to the demutualisation or coporatisation of recognised stock exchange. The period of holding shall be considered from the date of becoming member of stock exchange Sweat equity shares allotted by employer The period of holding shall be reckoned from the date of allotment or transfer of such equity shares. Shares in a company (acquired by non-resident assessee on redemption of Global Depo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s /securities purchase in several lots at different points of time but delivery taken of in one lot and subsequent sold in parts The first in-first out (FIFO) method shall be adopted to reckon the period of the holding of the security,in cases where the dates of purchase and sale cannot be correlated through specific number of the scrip .In other words the assets acquired last will be taken to be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Indian subsidiary company in consequence to conversion of a branch of a foreign company referred to in section 115JG(1) Include the period for which the asset was held by the said branch of the foreign company and by the previous owner. Period of holding of the units in the consolidated plan of mutual fund scheme Period of holding shall include the period for which the units in consolidating pla ..... X X X X Extracts X X X X X X X X Extracts X X X X
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