what is the tax treatment if shares are transferred to trust....whether it attracts capital gain?? if so how to treat??....
thanks in advance
subhash
1 Replies
CA Mukul Mittal
(CA in practice)
(384 Points)
Replied 05 August 2011
transfer os shares to trust is covered under the purveiw of income tax and therefore, taxable........
Recent Topics
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
Related Threads
CAclubindia
