Dear Sir/Madam,
For a private limited company Can shares be alloted to the directors other than on payment and if yes what is the tax implications on company and on individual directors?
what are the other options to issue shares in kind to the promoters and have no tax implications on company front and individual front?
Kindly advise us on how to handle this process in the most effecient way.
I am also desperately in need of answer to this question .Some one please help .
Thanks
Vijay Krishnan
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
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RBSM Corporate Advisors Private Limited
Pune
CA
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Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
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CCI
Pro
CAclubindia
