Method of determination of period of holding of capital assets in certain cases

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..... on 2 of the Act, is held by an assessee, shall be determined in accordance with the provisions of this rule. (2) In the case of a capital asset, being a share or debenture of a company, which becomes the property of the assessee in the circumstances mentioned in clause (x) of section 47 of the Act, there shall be included the period for which the bond, debenture, debenture-stock or deposit cert .....

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..... eriod for which the asset was held by the said branch of the foreign company and by the previous owner, if any, who has acquired the capital asset by a mode of acquisition referred to in clause (i) or clause (ii) or clause (iii) or clause (iv) of sub-section (1) of section 49 or sub-section (1) of section 115JG . ] 4 [ (5). In case of the amount which is chargeable to income-tax as income .....

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..... of amount under sub-section (4) of section 45 . ] ----------------- Notes;- 1. Inserted vide Not. 18/2016 - Dated 17-3-2016, w.e.f. 1st day of April, 2016 . 2. Inserted vide Not.108/2016 - Dated 29-11-2016, 1st day of June, 2016. 3. Inserted vide Notification No. 86/2018 dated 06-12-2018 4. Inserted vide NOTIFICATION NO. 76/2021 dated 02-07-2021 - - statute, statut .....

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