Easy Office

capital gain on share sale of a private ltd. company

This query is : Resolved 

18 June 2007
We are having a pvt.ltd. co.share and want to sell them on a higher price
what will be the tax liablility .

if tr. them before one year and if tr. them after one year

if we can reduce the tax liability how it possible

pls reply members

vinodjainca@hotmail.com

18 June 2007 In case of shares in private limited company capital gains on transfer for less then 12 months liable for tax at rate 30 % as normal tax and in case transfer after 12 months being long teram capital gains and tax at rate of 20 % after indexation of cost for arriving capital Gains.

17 July 2012 KOTESWARA SIR REPLY CORRECT AND AGREE






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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries