Transfer of property

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 October 2011 Dear All,

i am director in Private limited company and purchased a property in personal name before 3 years.Now i want to transfer property in the name of company.

Please let me know taxability under capital gain.

12 October 2011 THE STAMP DUTY VALUE OR SALE VALUE WHICHEVER IS HIGHER WILL BE TAKEN AS BASIS TO COMPUTE CAPITAL GAINS
U WILL THUS LIABLE TO TAX ON CAPITAL GAINS

CA MANOJ GUPTA
JODHPUR
09828510543



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