Dear Experts,
It is very urgent!!!
Can anyone provide me the Guidelines issued by erstwhile Controller of Capital Issues, in case of unlisted shares which is required for making a fair valuation to a closely held company.
This is required for me urgently because a Foreign National wants to transfer the shares to resident indian in a closely held company during his visit to India.
Please also give me the link for the guidelines.
With regards,
Rajesh

Hi everyone,

I wanna ask a specific query regarding transfer of shares from a resident individual (transferor/seller) to a non resident individual(transferee/buyer). The transferor received the remittance in the month of March and files an FCTRS form with an AD-I Category Bank. Bank Acknowledges the receipt of Form FCTRS in the Month of May (within a prescribed period of 60 Days) and also files a copy of Form FCTRS with the Company in order to record the transfer of Shares.

Please suggest me what will be the date of Actual Transfer on which the Shares will be deemed to be transfer:-
A. The date on which the Resident individual receives money from Non-resident.
B. The Date on which the AD-I category bank gives an acknowledgement for receipt of Form FCTRS.
C. the Date on which the transferor contacts the Company to record the transfer of shares.
D. The date on which the AD-I category Bank files the Details of the FCTRS Forms received during the moth with the RBI and RBI processed the application.
E. Any other date.

Kindly provide any legal referrence with the answer in order to enable to me to discuss the issue with my seniors.

Pl give me the complete step by step how to trade options and futures in Indian stock market
I will be trading in ICICI direct .com

how to process wrong trade cancel in currency segment.

plz send me listing conversion of pvt ltd into public ltd and procedure of listing on my email id: gorihiteshh@gmail.com

can any one tell me site where i can see no. of adv tax of indian share market companies?????????

Dear All

I want to know what is the accouting treatment of profit sharing in arbitrage business for dealers for Stock broker & for investors.I also want guidenance on what basis we can share the profit generated by this business and TDS applicable or not.

hi moderator,
i m a new member of ur forum.i was going thru mails written by other members ,they were very helpful. i have 2 quaries regardiing my HUF account.
1.my husband was the karta ,he expired last year,me n my minor son are the member of above said HUF.NSDL has asked me to get succession certificate as HUF has desolved? is it true? if so than can u give the reference of it.
2.HUF was generated by money gifted by my sister inlaw who is married ,now asking me to return that money , am i legally responsible to return that money? my husband already returned that money to her after earning but i dont have legal documents of that n she is denying n threatening me to go to court.

what is the tax impact of a foreign company on which transaction tax is paid in that country is sold by a resident indian?

would it qualify for claiming exemption u/s 10(38) if securities transaction tax is paid by such assessee in a foreign country?

I have some shares in the name of a minor in a private limited company.Now the minor has attained majority.what is the procedure to change the status to a major from minor.

Will simply writing a letter to the Company serve the purpose?

Plz reply.......it's urgent