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Taxability of Shares for consideration other than for cash

Page no : 2
Sowmiya Nachi

Sowmiya Nachi (Articled Trainee)     24 March 2010

Hi,

My question is pertaining to capital gains on transfer of shares receievd for consideration other than cash.

What would be the cost of acquisition when the shareholder sells the shares? Section 55(2A) does not talk about shares received for consideration other than cash..... Is there any other particular section we have to refer?

Would be greatful to hear your views and references to case laws if any.

Thanks

Sowmiya Nachi

mrityunjay mahendra

mrityunjay mahendra (student)     07 December 2017

I want to know what are the tax implications on transfer of mining business through mining lease by a partnership firm to a joint venture company.

any help would be highly appreciated.


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