Capital

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

23 March 2012 Could somebody suggest the ways by which a company can build its capital with least tax after the amendments of Union Budget 2012-13.

Guest

Guest (Expert)

24 March 2012 Your query is open ended. It can answrred if u provide case and base. Ask specific queries. Or atleast make some case study and then ask opinions

Querist : Anonymous

Querist : Anonymous (Querist)

24 March 2012 If a private unlisted company's share capital is say Rs 1 Lac & no. of shares are 10000. After making calculations, FMV of shares come to Rs 10/- per share. Now according to the proposed amendments in Sec 56 in the Union Budget, if the company issues its shares at Rs 500/- (10 + 490)after 01.04.2012, the premium received Rs 490/- would be taxable. If the company issues the same before 01.04.2012, what would be the case. Also my query related to the fact that as LTCG on shares is a tool for increasing capital without tax, is there any other such tool?

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Querist : Anonymous

Querist : Anonymous (Querist)

24 March 2012 Please guide in the matter.