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Mallick Naim Babu
30 January 2024 at 11:10

Relating issue of share certificates

Hello. I'm going to issue the share certificates to the subscribers of memorendum of my private limited company. I wanted to know how does the MCA or any concerned authorities would know whether I've issued the share certificates or not? Is there any process to report the issuance of yhe share certificates?

Deepak Rawat

Hi Experts,
I had some share of a company that has been delisted now.
Please guide, how can i take back my money?

Thank You

09 December 2023 at 13:41

Non tradeable Shares


I have some shares in Demat account which are no longer traded on stock exchange!

How can I remove such shares from my demat account?

Kindly advise.

Thanks & Regards

Sanket Bawankar

I am NRI residence from South Africa, Johannesburg presently resident in Maharashtra state, Nagpur city I want to invest and trading in share market in India, Since I am NRI residence Can I open Demat Account for trading purpose in India. Is there any income tax regulations for income source and capital gain implications?

ashvini dehkwal
19 October 2023 at 08:27

Tax on gifting shares

Sir , i purchased shares of a company for rupees 100 per share. Now the rate is 120 within 3 days. If I gift the shares to my wife what should be tax implications

meenakshi somasundaram
19 September 2023 at 21:56

Demat last date 30/9/2023

Is dematerializing physical form of shares possible after 30/Sep. 2023.
A company of which I am a shareholder. holds physical form of shares.
The company has been dissolved. I am trying to reinstate the company after coming to know of a left-out asset as a major shareholder.
Informed the Official liquidator, He has acknowledged the appeal.
I am moving in the High court.
The last date for dematerializing is 30.9.2023.
Do I stand a chance of retrieving the shares of ICICI which is the asset of the dissolved company?

Madan Singhal
22 August 2023 at 11:39

Dividend paid on foreign stock

A US-based company, referred to as Company X, is in the process of being acquired by Company Y. This acquisition is structured as a 50-50 deal, with a combination of cash and stock. Specifically, for each share of Company X, shareholders will receive a combination of cash and Company Y's stock. The cash portion is equal to 50% of the current value of Company X's stock, and the number of Company Y's shares received is determined by dividing 50% of the current value of Company X's stock by the current value of Company Y's stock.

Now, when it comes to the cash portion received by shareholders of Company X, this is being treated as a dividend. The US government imposes a 30% tax on this dividend amount. My concern is whether it's possible to recover or reclaim this deducted tax money. It appears incorrect to me to pay a 30% tax on what is essentially not a traditional dividend. Adjusting it with stock P&L will not yield any benefits.

Is there a way to potentially recover or mitigate this 30% tax without affecting your profits?

ashish marwah
08 August 2023 at 12:53


Dear All

I have a query regarding the de merger of the TATA chemical salt business to TATA consumer. I was holding 250 shares of TATA chemicals and received the 285 free shares of TATA consumer against the de merger of TATA chemicals. What should be my buy price of free TATA consumer shares which I received on 31st march 2020. This is regarding the capital gain calculation.


1) A foreign company wants to invest 100% in Equity shares of a running Indian Private Limited Company which is 100% export oriented.

2) Alternatively this Foreign company wants to give their foreign shares to the existing shareholders of the said Indian Pvt Ltd. Company.

Please advise me what compliances to be done in respect of RBI, ROC, and Income Tax.

Thelappillil Linson
17 July 2023 at 20:18


1. Do we have to report the assets upto 31 Mar 2023 or 31 Dec 2022 for the US stocks?
2. Please clarify whether the conversion rate used is the SBI TT buying rate as on the previous month.
3. Does the taxpayer need to submit a separate form 67 to obtain the foreign tax credits

Answer Query