There are tow private limited companies- Company “A” & company “B”. Company B was incorporated as an SPV for development of hotel project on a land given on 90 years lease by State Govt. Company A holds 49% shareholding in company B.
Now company A wants to transfer his 49% shareholding to other. How the value of share should be assessed for the purpose of capital gain calculation in the hands of Company A.
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Thanks & Regards,