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Capital gain

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12 July 2013 In case we incorporate new private limited company and one of the subcriber bring his land in the company as capital.Whether it amounts to transfer/sale of land to the company and attracts capital gain tax and whether stamp duty is applicable for the transfer of land to the company

12 July 2013 not applicable, if partnership firm consider the value of asset according to document value.

12 July 2013 Then whether stamp duty is applicable on such transfer of land from subcriber to Company


12 July 2013 stamp duty would be applicable, but no CG



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