Shares to employees of closely held limited company
This query is : Open
23 November 2011
A company is a closely held company in existence of business for a decade planning to issue fresh shares to its employees. The scheme is made to issue the shares at par @ Rs.10/- each.
Can you please guide me about the income tax implications for the Company and the employees?
Can you please guide me about the income tax implications for the Company and the employees?
23 November 2011
No Implication in Hand of Company.
Employees When Sale Then Take Issued Price as COA
Employees When Sale Then Take Issued Price as COA
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23 November 2011
Thanks for the prompt response, Mr. Ayush.
Do any other expert have a different view on the topic?
Do any other expert have a different view on the topic?
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