Capital Gains Tax: Shareholders' Liability Must Be Proportional to Shareholding, No Deductions Allowed for Transfer Expenses.

Capital Gains Tax: Shareholders' Liability Must Be Proportional to Shareholding, No Deductions Allowed for Transfer Expenses. https://www.taxtmi.com/highlights?id=31815 Computation of capital gains - Expenditure incurred in connection with transfer of shares - the entire tax liability of the companies cannot be fastened on a single shareholder. If at all the tax liability of private limited company is to be borne by shareholders, it has to be borne equally in the ratio of shares held - No deduction - AT en-us Mon, 24 Oct 2016 10:17:45 +0530 Mon, 24 Oct 2016 10:17:45 +0530 TaxTMI RSS Generator Capital Gains Tax: Shareholders' Liability Must Be Proportional to Shareholding, No Deductions Allowed for Transfer Expenses. https://www.taxtmi.com/highlights?id=31815 Computation of capital gains - Expenditure incurred in connection with transfer of shares - the entire tax liability of the companies cannot be fastened on a single shareholder. If at all the tax liability of private limited company is to be borne by shareholders, it has to be borne equally in the ratio of shares held - No deduction - AT Highlights Income Tax Mon, 24 Oct 2016 10:17:45 +0530 https://www.taxtmi.com/highlights?id=31815