Allotment of shares other than cash
This query is : Resolved
12 July 2013
Whether Company can allot shares to individual in lieu of Agriculture land which the individual(owner) give it to company.What is the procedure and requirement.Whether it amounts to transfer of agriculture land and whether capital gain and stamp duty is applicable in this case
12 July 2013
Please check your MOA, that permit you to take agricultural land for business purpose.
12 July 2013
In MOA it is already there...Whether such transfer comes under capital gain tax and whether stamp duty is applicable in this case......this is my question....pls answer
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