Transfer of shares in Pvt Ltd. Company

Kindly give the complete procedure for transferring the shares from an old director to new director of company ( Private limited ).

Also i want to know the procedure to pay the stamp duty on transfer the shares. (Delhi).

Thanks in advance.
Replies (5)
Quick Summary
This discussion outlines the process for transferring shares between directors in a Private Limited company. It details the use of Form SH-4, stamp duty calculation based on transfer proceeds, and submission to the company for registration. Tax implications under Section 56 of the Income Tax Act are also highlighted, clarifying that share proceeds go to the seller, not the company.

at Google

search form SH-4

Print it

fill manually

get signed by both transferor and transferee

purchase share stamp from treasury according to proceeds  of transfer of shares

affix it on SH-4

submit to company for registration of transfer.

pl take care while arriving the proceeds of share transfer.

if it is less or more it will attract tax in the hands of transferee / transferor.

Pl see provisions of section 56 of income tax act

 

Give your mail id I will give you all procedure and drafts
Princekhattar64 @ gmail.com
Who gets share proceeds company or share holder?

The shares proceeds are being received by the buyer of the shares .

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register