Poonawalla fincorp
Poonawalla fincorp

Transfer of shares of pvt. ltd. co.

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 July 2011 what is process of transfer of shares of pvt.ltd.co.? can i buy such shares at face value which was issued by the co. at premium? if so what will be tax treatment in hands of both the parties?
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Ravikant

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Ravikant (Expert)
14 July 2011 Pvt ltd co Shares can be transferred thru endorsement,
can be bought at face value
Tax treatment : Capital gain /loss will arise to transferee

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