share transfer

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rajender singh (Querist)
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02 April 2010 we have a lot of share of various co.now we want to these share tranfer to another co through offline

so pls can we do that and which rate take, average rate and market rate of trasnfer date

CA Ashok Kumar Sahu

CA Ashok Kumar Sahu (Expert)
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03 April 2010 transfer to another co. means demat a/c trf. or sale to other co. ?

if sale, as per my opinion market rate on transfer date is apply.

rajender singh

rajender singh (Querist)
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03 April 2010 first of all thanks, sale to another co. by transfer throgh off market and pls tell me any one section to be applied

CA Ashok Kumar Sahu

CA Ashok Kumar Sahu (Expert)
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03 April 2010 i don't have any specific section for that, sec. 45(2A) for cost of acquisition,

let's take opinion of other expert

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