If a private limited company buys shares of another private limited company. What is the tax implication if it is sold at a profit after 3 years?
5 Replies
sabyasachi mukherjee
(27574 Points)
Replied 18 October 2021
If it's an acquisition ot is a different story.
SAURABH
(ACCOUNT EXECUTIVE)
(33 Points)
Replied 23 October 2021
No capital gain will Arise.. since its a Pvt. limited company..not a listed company.
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