If a private limited company buys shares of another private limited company. What is the tax implication if it is sold at a profit after 3 years?
If a private limited company buys shares of another private limited company. What is the tax implication if it is sold at a profit after 3 years?
acquired stake of 10%
No capital gain will Arise.. since its a Pvt. limited company..not a listed company.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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