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Discussion > Shares & Stock >

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Chartered Accountant

[ Scorecard : 90] 		Posted On 21 May 2012 at 18:09 Report Abuse

Dear All,

Can a Company allot fresh shares to a non employee as a gift for helping to obtain a licence/Approval..

What will be the tax implications of the above in the hands of both i.e Company as well as individual getting the shares.

 

Thanks in advnce

Rashi

 

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