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Taxability in the hands of transferor

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 May 2013 promoters of private company "M" are transferring the business through the sale of their 99.96% shares in the company to another private company namely company "D".the share purchase agreement is made on 31.03.2013. What will be the Cost of Acquisition of the shares which are being transferred ?
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CA rohit swami

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CA rohit swami (Expert)
20 May 2013 AT AMOUNT ,WHICH INVESTED BY PROMOTOR AT COMPANY INCORPORATION TIME AND AFTER TIME ,( HOW MUCH FACE VALUE SHARES HE/SHE HAS.)
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Querist : Anonymous

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Querist : Anonymous (Querist)
21 May 2013 Sir can you please elaborate. I did not get you.
The Face Value of share is Rs.100
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