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Sale of share in pvt ltd- fema and income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 June 2014 Hi,
we have to transfer shares held by the resident individuals in a private limited company to a foreign company. Can any one advise on the income tax and FEMA angles what precautions to be taken. Also need advise whether the valuation under FEMA as per DCF should also be used for Income tax valuation of the shares.
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Querist : Anonymous

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Querist : Anonymous (Querist)
10 September 2014 I need this info too

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