Sale of shares
This query is : Resolved
RITESH MORE
(Querist)
03 July 2012
suppose mr.x has sold the shares of a private limited shares to a listed company,the value of share is of 400 and mr.x sold that for 1, then 399 will be taxable or not if yes then in whose hand?
04 July 2012
Sir,
Your question is not in order and well understood. What should be understood from "private limited shares to a listed company".
However, if shares has been sold @ Rs. one per share then absolutely NO profit but LOSS.
Your question is not in order and well understood. What should be understood from "private limited shares to a listed company".
However, if shares has been sold @ Rs. one per share then absolutely NO profit but LOSS.
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