Transfer of shares in cooperative society
ajay sawlani (21 Points)
21 October 2021
What are the provisions regarding transfer of shares in cooperative society?
3 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 21 October 2021
You need to serve a notice to the society Committee.
The transfer fees shall have been paid
society has to issue noc for transfer of shares
The transfer fees shall have been paid
society has to issue noc for transfer of shares
ajay sawlani
(21 Points)
Replied 21 October 2021
Sorry I forget to mention,i have a doubt regarding taxability(Income tax)?
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 21 October 2021
No income tax on transfer of shares
for property sold and transferred, capital gains tax is attracted
for property sold and transferred, capital gains tax is attracted
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