Hi All,
can a private limited company director transfer his own property to company? If yes, then is there any tax implications?
Menu
Directors Home Trasfer to Company
Replies (4)
Quick Summary
Clear case of transfer of property liable to capital gains
So there is no restriction on transferring director's property to company by paying capital gain tax. Intention is company will take care of the property and expenses associated with the same. Director will continue to stay in the same property. Is there any issue with this type of engagement?
I guess you only need to make a rent agreement between director and company and your objective shall be achieved.
No need to unnecessarily transfer and pay capital gain tax.
Ok. Thank you very much Sir!!
Recent Topics :
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
Related Topics :
CAclubindia
