capital gain
CA Mukesh Saraf (service) (23 Points)
15 February 2008
will selling back shares to company attract capital gains tax?
3 Replies
Sohil Ganeriwala
(Practicing CA)
(308 Points)
Replied 16 February 2008
yes capital gain tax is applicable on sale of shares to the company.
Sohil Ganeriwala
(Practicing CA)
(308 Points)
Replied 16 February 2008
No TDS is not liable on directors sitting fees.
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