Capital gain
This query is : Resolved
Laleet Patil
(Querist)
17 April 2014
Shareholder of private ltd company sold their shares to a foreign citizen. Sale consideration will received in foreign currency from outside India.
Guide me on following issue.
1. Tax implication on this transaction, whether capital gain will taxable.
2. Guide for details procedure for the issue
Guide me on following issue.
1. Tax implication on this transaction, whether capital gain will taxable.
2. Guide for details procedure for the issue
Nikhil Kaushik
(Expert)
18 April 2014
taxable in India. treatment same as sale of any share in a private compay.
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