Shareholders of the demerged company
When transfer is exempt,
a) Period of holding of shares in demerged company shall be included in computing the period of holding of shares in resulting company.
b) Cost of acquisition :
1) shares in resulting company =[ cost of acquisition of shares in demerged company X net book value of assets transferred to resulting co. in demerger / net worth of the co. before demerger]
2) Shares in resulting co. = total cost of such shares LESS cost of shares in resulting company as computed u/s 49(2C) above.