Home > Experts > Income Tax > capital gain on share sale of a private ltd. company


Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


capital gain on share sale of a private ltd. company (Income Tax)

Report Abuse
This query is : Resolved


( Author )
18 June 2007


We are having a pvt.ltd. co.share and want to sell them on a higher price
what will be the tax liablility .

if tr. them before one year and if tr. them after one year

if we can reduce the tax liability how it possible

pls reply members

vinodjainca@hotmail.com


Koteswara Rao C V

( Expert )
18 June 2007

In case of shares in private limited company capital gains on transfer for less then 12 months liable for tax at rate 30 % as normal tax and in case transfer after 12 months being long teram capital gains and tax at rate of 20 % after indexation of cost for arriving capital Gains.


CA BHARATH KUMAR

( Expert )
17 July 2012

KOTESWARA SIR REPLY CORRECT AND AGREE


Previous

Next

You need to be the querist or approved CAclub expert to take part in this query .


Click here to login ( Members Login ) now


Similar Resolved Queries :











submit










Quick Links





back to the top