Sale of sahres in private ltd co
This query is : Resolved
04 November 2013
I have a private ltd co and would like sale my 35% shares to an NRI to generate additional capital for the business. There will be difference in book value and actual sale of shares.
I would like to know if there is any taxation involved in this transaction and if yes how can we minimize this?
I would like to know if there is any taxation involved in this transaction and if yes how can we minimize this?
CA UMESH DULAL
(Expert)
04 November 2013
you will be liable for capital gain tax
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