Kindly give the complete procedure for transferring the shares from an old director to new director of company ( Private limited ).
Also i want to know the procedure to pay the stamp duty on transfer the shares. (Delhi).
Thanks in advance.
at Google
search form SH-4
Print it
fill manually
get signed by both transferor and transferee
purchase share stamp from treasury according to proceeds of transfer of shares
affix it on SH-4
submit to company for registration of transfer.
pl take care while arriving the proceeds of share transfer.
if it is less or more it will attract tax in the hands of transferee / transferor.
Pl see provisions of section 56 of income tax act
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