Transfer of property by transfer of shares in a private ltd.

We are having one private limited company, (Inoperative) which is holding one property. We are plannting to sell the said property. The buyer, in order to save on stamp duty, likes to takeover the private ltd., company by buying entire share holding in the company, instead of buying the property alone.

Pls advise what will be the implications with respect to the income tax and also let me know which section deals with this in income tax.

Thanks & Regards