Tax on purchase of shares
This query is : Resolved
07 May 2012
Majority shareholders have purchased shares of minority shareholders within 2 years of issue. who will be liable to pay tax on it - majority or minority shareholders?
07 May 2012
The minority shareholders shall pay the capital gain tax as the provisions applicable for their transactions.
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07 May 2012
seller liable to pay capital gain as per provision of CG...
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