Taxation of Capital Gain on Private Limited Companies

SUNNY GOPICHAND BHAGIA (CHARTERED ACCOUNTANT) (59 Points)

27 June 2011  

Dear Freinds.

My client is a private limited company, and he is selling the plot in the year and which he purchased 4 years ago.

1. What are the Tax rate applicable to Private Limited Companies in case of LTCG & STCG.

2. How he can tax plan the same to reduce his tax liablity.

3. whether benefit is available to private limited company u/s. 54, if yes which is the applicable section.

4. any other suggestion regarding tax planning.

Thanks & Advance,

Regards