Mr. A has incorporate pvt. ltd. a company in 2007 with capital of rs 1 lac . he & one of his staff has subscribe 5000 sh. of rs 10 each.
now after 5 years company is making huge profits Mr A (promter) wants to transfer staff share to his wife's name.
now i want to know how to transfer share that will result least tax in hands of each party
| Originally posted by : suman | ||
 |
Mr. A has incorporate pvt. ltd. a company in 2007 with capital of Rs. 1 lac . he & one of his staff has subscribe 5000 sh. of Rs. 10 each. now after 5 years company is making huge profits Mr A (promter) wants to transfer staff share to his wife's name. now i want to know how to transfer share that will result least tax in hands of each party |
 |
pls reply sir
CAclubindia
