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
Malhotra Rajesh & Associates
New Delhi
B.Com
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Goodwin Pumps India Pvt Ltd
Chengalpattu
CA Inter
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HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
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AJAY SINGH AND CO LLP
Thane
CA Final
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CCI
Pro
CAclubindia
