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Saving capital gain

426 views 6 replies

We are two equal shareholders in a pvt ltd company.

Our company owns two different lands .

we have mutually decided to take one land each and want to tranfer the title of property  on our individual names.

Now the problem is when we get the registry done on our individual names ,the capital gain arises on the company....

Is there a way to save the capital gains tax,say,by the way of demerger or something ?

If anybody is willing to provide porfessional advice,i am willing to pay the fees also....

And urgent help needed!

Replies (6)

In this case there will be no Capital Gains  in the hands of Company but there will be gift tax in your hand which is Chargeable on Stamp duty value and it is taxable under the head  Income from other sources .

In this case there will be no Capital Gains  in the hands of Company but there will be gift tax in your hand which is Chargeable on Stamp duty value and it is taxable under the head  Income from other sources .

In this case there will be no Capital Gains  in the hands of Company but there will be gift tax in your hand which is Chargeable on Stamp duty value and it is taxable under the head  Income from other sources .

In this case there will be no Capital Gains  in the hands of Company but there will be gift tax in your hand which is Chargeable on Stamp duty value and it is taxable under the head  Income from other sources .

So u mean the company can gift the asset.....If no please explain the whole process...

thank you

@ shubham ...if u can explain the process in detail,it will be really helpful


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