Capital gains very urgent

A pvt co. is involved in Trading business. It deals in real estate and properties.


It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore.


 My Questions -
 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...??

also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO?


 Please note - its a PVT LTD CO Thanks
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o
Dear experts, Please guide me as soon as possible. A pvt co. is involved in Trading business. It deals in real estate and properties. It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore. My Questions - 1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...?? also 2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO? Please note - its a PVT LTD CO Thanks

Read more at: /experts/experts_display_list_by_category.asp?cat_id=3#.UPKF46x0Y7o

A pvt co. is involved in Trading business.

 

It deals in real estate and properties.

 

It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore.

 

My Questions -

 

1) if there are any ways to save this capital gains TAX...??

 

also

 

2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO?

 

 

Please note - its a PVT LTD CO Thanks

Replies (2)

1) As per the given facts, the Private Limited Co. is involved in the Business of Real Estate and hence it has sold a Factory which was purchased earlier in 2010-11. Therefore, the Income shall be taxed under the head Income from Business and the prescribed rate of Tax shall be applicable to the Private Limited Co.

 

2) As per my knowledge, there will be no effect of the change of the pattern of Share holders on the Taxation part in the Private Limited Co. [ie. No Capital Gain arises]

 

 

Regards,

Devendra Kulkarni

Originally posted by : Devendra

1) As per the given facts, the Private Limited Co. is involved in the Business of Real Estate and hence it has sold a Factory which was purchased earlier in 2010-11. Therefore, the Income shall be taxed under the head Income from Business and the prescribed rate of Tax shall be applicable to the Private Limited Co.

 

2) As per my knowledge, there will be no effect of the change of the pattern of Share holders on the Taxation part in the Private Limited Co. [ie. No Capital Gain arises]

 

 

Regards,

Devendra Kulkarni

the company mentioned the factory under capital work in progress... in last years balance sheet....

does this make it a capital asset ?

it is not treating it a stock in trade
 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details