Capital gain on trasfer of shares

This query is : Resolved 

07 May 2013 the assessee is an NRI started a 8 companies to purchase a 110 acres of land with an intention to start a metal crushing unit for an amount of 5 crores.
Now asessee obtained a licence for metal crushing unit but now he got a good offer for out purchse of his shares in the comapany the entire shares in 8 companies should be transferd and the long term capital gain comes around 10 crores. THE PURCHASER COMPANY IS A FOREIGN COMPANY. pls advise me about the tax planing on capital gains tax.

thanks in adavance

07 May 2013 Investment through Sec.54 ,54EC and similar sections.



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