capital gains query
This query is : Resolved
30 October 2010
Please suggest.
All shares of a company(Indian Company) held by 3 persons are being sold to an US Company.
In consideration they get sum amount of cash and sum shares in such US company.
Now how should we calculated the sale consideration.
US company is not a listed company to adopt the market value of its shares for calculation???
All shares of a company(Indian Company) held by 3 persons are being sold to an US Company.
In consideration they get sum amount of cash and sum shares in such US company.
Now how should we calculated the sale consideration.
US company is not a listed company to adopt the market value of its shares for calculation???
30 October 2010
Sale consideraton is total amount which has been agreed in cash + agreed value of shares of the US company shares. The price would have been agreed in advance for shares also. Pleace check the FEMA also for non compliance
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
