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11 June 2013 whether Security transaction tax is liveable on transfer of shares of private limited company?

11 June 2013 No. It is applicable to listed shares traded through stock exchanges where as shares of Pvt ltd company's are traded / transfered out side stock exchanges.

11 June 2013 Dear author,

No,Security transaction tax is not applicable on
off-Market transfer of shares...

What is off market transfer of shares?

An off-market transfer is a method for privately transferring shares between two shareholders without using the services of a share broking firm. Essentially, an off-market transfer is a change of ownership as the shares are not being publicly traded on the share market.

Thanks & regards
Ganesh babu


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