1) If you sale bonus shares in year 2025, what COST will be considered for calculating capital gain income.
2). For any particular company, If we buy number of shares on multiple dates .
Cost for the purpose of capital gain income , to be taken based on average cost or FIFO method
Sir/Madam
I have some queries regarding share of liquidated company.
We have Shares of Industries and Mazada Ltd 100 no. Company is in liquidation. We want to sale these shares and encash the same. We have physical share certificates in the name of father, which was expired in 2004.
Please guide us, someone need urgent some fund.
Thanks in advance.
An individual is a major shareholder and director of a company with two divisions – a hospitality business and a share broking division, both officially registered. The individual also holds shares in various listed companies.
The question is: Can this individual sell shares of one of the listed companies (that he personally owns) to his own company, specifically through the share broking division?
I had a unlisted company holding from 28th June 2023, now the stock has got listed 2 months back, due to lockin i will be selling around April 2025 end, now regarding capital gain i am confused will it be stcg or ltcg, it is more than 1 year if taken actual aquisition date but less than 1 year if listing date taken, same less than 2 years if unlisted aquisition date taken.
I have 4158 shares of Tata Motors at an average price of Rs.940.31 per share purchased between April to June 2024. The stock is currently valued at Rs.722 per share. I am currently at a loss of more than Rs.9.06 Lakh. What am I supposed to do? Is there any hope for this Stock to recover? If Yes, expected duration for recovery?
1. Can a LLP registered with nature of business of 'Retail Grocery Store' engage in online commodity trading with the funds contributed by its silent partners ?
2. With the profits from online trading the LLP will provide free grocery items to the contributing partners, in proportion to their share of contributions. So can the costs of this procurement of grocery items be taken as expenses of the LLP, for income tax purposes & P&L?
3. Can we change the nature of business of the LLP completely to 'Trading in online Commodities' & trade with the silent partners funds and share the profits in proportion to their contributions? Does any law such as RBI, SEBI, INCOME TAX or any others, restrict this?
4. If the answer to the 3rd is 'YES, then under what NIC code, would 'Online Trading in Commodities' come under?
5. Would this change in activity, effect the Shops & Establishment license & the Trade license in any way? Would we have to rea-apply freshly or just an amendment would do, what is the process for this?
6. Any other mandatory requirements, which would be required to be fulfilled, if any?
Thanks in advance, to all, who may respond.
one business man having book stock (or stock in trade) the person will transfer book stock to another business man without gst invoice is possible
The account holder of demat account had nominated his wife as 100% nominee in his account on 20th February 2024. Six months later, on 24th August 2024 he changed this nomination online through e-sign and made his son as 100 % nominee. Unfortunately, the account holder died on next day, 25th August 2024. The change in nominee was processed and confirmation mail was received on 28th August 2024, three days after his death.
Who will be the nominee in this case to claim his shares in demat account?
Can a resident foreigner invest in unlisted shares of NSE? He used to stay in the US and has US citizenship, but has now moved back to India for good. He hasn’t relinquished his US citizenship, and continues to file taxes in India and US. Also has a demat n trading account with Icici direct and actively invests in the secondary market. How easy or difficult would it be for him to invest in unlisted shares of NSE?
I have to submit several Affidavits and Indemnity bonds for applying for duplicate share certificates. These documents have to be executed on stamp paper. While filling stamp paper, we have to fill in " Consideration Amount". Since duplication procedure does not involve any transactions in terms of sale/purchase, what should be filled against Consideration Amount? Similarly for claiming dividends/share certificates from IEPF portal, we are required to submit the auto generated Indemnity bond on stamp paper. In this case also, no transaction is involved. So what should be the Consideration amount?
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
Bonus share sale