Hi everyone!
In case - individual 'A' gives his own land to a company and acquires shares in it, how are capital gain provisions accrued in the hands of the A?
Further, when the company later sells the land to another individual/entity, what are capital gain implications? In such case of sale, will the capital gain also arise in the hands of the A?
Kindly reply asap! Thanks in advance!
RMA And Associates LLP
New Delhi
CA Inter
View Details
ADY & CO.
New Delhi
Graduate (Any)
View Details
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
