20 August 2013
My client is having a statue of non resident wish to transfer their shareholding in Indian private company to another NRI. 1. whether the transaction comes under automatic route..?? 2. whether there is any restriction on fixing transfer price of shares..?? 3. Whether the payment/receipt on account of this transaction can be done abroad..?? any intimation to be given to RBI..??? 4. What will be the tax applicable...??
CAclubindia
