Transmission of Shares

Refer sec.48,49,55(2) and definition of 'transfer' u/s 2(47)

Originally posted by : Venkatramana Shastry C
	Refer sec.48,49,55(2) and definition of 'transfer' u/s 2(47)

Dear Shastry G

Kindly give context of the above provision as you mentioned for better understanding.

Sec48- Refer as to the method of computing capital gains

Sec 49- Refer 49(2A) for cost of acquisition of shares/bond to be read along with clause (x) and (xi) of Sec. 2(47)

Sec 55(2)- Refer 55(2)(ac) regarding C.o.A w.r.t sec.48and 49.