Transfer of shares
This query is : Resolved
08 February 2013
how can an individual transfer his shares of a private company to another private limited company in such a way that tax implication is reduced? plz help
CA Kishore Tallam
(Expert)
08 February 2013
U need to elaborate ur Q since answer to ur Q is simple.
If the transaction is to be tax neutral, then sell the shares at cost / indexed cost of acquisition as the case may be.
If the transaction is to be tax neutral, then sell the shares at cost / indexed cost of acquisition as the case may be.
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Soumitra Basu
(Expert)
10 February 2013
NO PERSON CAN TRANSFER HIS SHARE FROM A COMPANY TO ANOTHER COMPANY
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