One person has Shares not listed in Stock Exchange in India....How person can Sell this Shares not listed in any Stock Exchange. How to decide Sell Price of Shares in this case. What will be the tax consequences if the gain on sale of shares is going to be Long Term.

Dear All EXPERTS,

My situation is as follow:

I have started working as a freelance web developer and software developer in 2004 from my home. By 2006 I have got an office space, started hiring a few team mate. Now I have 6 employees working for me as a proprietorship firm.

My turnover is around 50-60 lacs in the last fiscal year. I pay around Rs.10,000 per month as salary per team mate. Our team have been existing for the last 2-3 years.

Now I am planning to form as a private limited company with an authorized capital of Rs. 50 Lacs.

And I'll have a new investor who will invest Rs. 20 lacs in my company.

My business target for the next 1 year is around Rs. 2 crores in gross turnover with Rs. 70-80 lacs profit before tax.

I also want to provide shares to all my 6 team mates.

So, in the present scenario I want to know what is the best suggestion for allocating shares among Me, Investor and 6 Team Mates.

Any suggestion and inputs are highly appreciated.

Thank you in advance for your valuable time.

Mr. Kumar

Hai sir i purchased Gold for Rs 1 Cr In MCX site Am i Subject to any Audit And wt Are the Tax Implications On that


Thank You

Dear All,

I'd like to know whether there is any limitation of maximum no. of share holders for unlisted Limited Companies (not Pvt. Ltd.). If there is any, please tell me if the preference share holders are to be counted with them.

Thanking you in anticipation.

Best Regards,

I have bought shares from a private limited company X, 2 years back. Now I fund that the share certificate has a field namely "Authorized signatory" and there is no sign under this. Is the certificate invalid without that signature? Can I do anything to make it valid?

Respected Experts & Knowledgeable Person

Please guide me in the following:- 1. Is it true that a person can earn in stock market line from zero to unlimited income ? 2. How a person can pursue the above carrier and by what way ?

Thanks Heartily

Why does a company to keep an eye over its stock price since,that has already taken the money? I mean,to me they need not to wary for their share price decline.

For issue of shares to Non resident, can the price calculated as per DCF (Discounted Cash Flow) be less than Face Value of the Share.

For example,
Face Value is of one share is Rs 10. Now the present value of the share is Rs 1.32. When we calculate the price at which shares are to be issued as per DCF method, the valuation comes to Rs 2.68. Will SEBI or RBI allows to issue shares to NR at DCF price which is much lower than the face value?

Respected experts
My total turnover(intrady cash+delivery+FNO) in stock trading in AY 2011-12 was around 15 Lac rupees. On the whole I made a loss of around Rs.10,000(20000 profit on delivery trades, 30000 loss in intraday) in stock trading.
I was told that if your profits are less than 8% of the turnover or you made loss, than you have to get the audit done.
My toal income for the year(rental from house property+bank interest) was around 1 lac, 20 thousands, hence below taxable income.
Was I wrong in not getting the audit done ?
If so what could be the consequences ?
Thanks in advance

Sir,
There's a private limited company of authorised capital of 25L..out of which 24L is subscribed..now further i wanted to know that can we increase the authorised capital of the company and we have to issue the balance 1L share capital can we..whats the procedure of all this..In that company there are 2 directors with 63% and 25% share..The director who is having 63% share creating troubles in smooth functioning of the company..so what all rights hw have and can he access them without the consent of the other director..Can we increase the share of the other director by issuing more shares oh his favour..??or is there any other remedy available to the other director..??can he remove the director from the company,as he is not ready to leave the company..Plz help me regarding this ASAp..!!