Where a firm or closely held company received from any person any property being shares of the closely held company without consideration:

  1. Home

Question:Where a firm or closely held company received from any person any property being shares of the closely held company without consideration:

1. the whole of the fair market value of the shares shall be taxable

2.the whole of the FMV shall be taxable if it exceeds ₹ 50,000

3. the whole of FMV shall be exempt

4. the whole of the cost of such shares shall be exempt

Posted by R4R Team
  1. Where a firm or closely held company received from any person any property being shares of the closely held company without consideration:
Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!