Share Transfer of Private Company

Whether any Tax Liability arise in case one shareholder transfer his share to another shareholder under Private Company.

 

 

Replies (2)
Quick Summary
This discussion explores the tax implications of transferring shares between shareholders in a private company. It clarifies that such transfers can trigger tax liabilities, particularly if the fair market value of the consideration received by the recipient exceeds a certain threshold, making it taxable under capital gains.

Yes if shares are transfer to another shareholder then if the FMV of such consideration exceeds 50000 rupees then it is taxable under the hands of recipient
It's a valid transfer for capital gain purpose

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