Allotment of shares other than cash


This query is : Resolved 

(Querist)
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

Ajay Mishra (Expert)
12 July 2013 Please check your MOA, that permit you to take agricultural land for business purpose.

Ajit Singh (Querist)
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


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details