Capital gain when shares issued at par to new dir
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 May 2012
if the new dirctir is appointed and the member of the co after 1 month of the incorporation with the net worth of the co 1 lacs rs. & 10000 shares issued,
can co issue shares to new director appointed at a par ?
if yes ? what are the impact on the income tax part calculation?
can co issue shares to new director appointed at a par ?
if yes ? what are the impact on the income tax part calculation?
Guest
Guest
(Expert)
06 May 2012
yes shares can be issues to new director at par. the shares of the co still valued at par which shall notake diff in any case now. CG will arise when shares r sold
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