Section 49(1) v/s 49(4)

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As per section 2(42A),
Period of holding in case of Gift shall be taken from the Date of acquisition of Previous owner.

Will this same rule apply for Section 49(4) as well or it applies only to section 49(1)?
Replies (3)
no the same rule not apply for section 49(4)
for [section 49(4) ] it is valued as per section 17(2)(vi)
Im asking about Period of holding.

and i think 17(2)(vi) applies as COA to section 49(2AA) not 49(4) 🤔

COA for 49(4) is as per 56(2)(x)
period of holding is the date of allotment of share up-to the date of deregistration from the register of members for that particular shares
specified security or sweat equity shares generally allotted to the employees of the organization
for that purpose it is valued as per section 17 (2)(iv)


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