NISM 10B Investment Adviser Level 2 Notes

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  • DTAA: Relief for non-residents in M&A or buyback transactions.
  • TDS on Buyback: No TDS for shareholders post-2024 amendment.
  • Rights Issue Taxation: Depends on whether rights are exercised or sold.
  • Amalgamated Company: Inherits cost and holding period of original shares.
  • Demerged Company: Cost apportioned between resulting and demerged shares.

NISM 10B NISM Investment Adviser Level 2

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