EASYOFFICE
EASYOFFICE

Sale of sahres in private ltd co

This query is : Resolved 

04 November 2013 I have a private ltd co and would like sale my 35% shares to an NRI to generate additional capital for the business. There will be difference in book value and actual sale of shares.

I would like to know if there is any taxation involved in this transaction and if yes how can we minimize this?

04 November 2013 you will be liable for capital gain tax



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries