Govt Exempts Capital Gains on transfer of Capital Assets to NTPC Green Energy Limited by NTPC Ltd
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
New Delhi, the 15th June, 2022
S.O. 2754(E).—In exercise of the powers conferred by clause (viiaf) of section 47 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the transfer of capital asset from NTPC Limited (PAN: AAACN0255D), being transferor public sector company, to NTPC Green Energy Limited (PAN: AAICN1737G), being transferee public sector company, under the plan approved by the Central Government on 21st day of March, 2022, for the purposes of the said clause.
2. This notification shall come into force from the date of its publication in the Official Gazette.
[Notification No. 63/2022/F. No. 370142/21/2022-TPL(Part 3)]
UMME FARDINA ADIL, Under Secy.
