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donation of shares to charitable trust, Income Tax

Issue Id: - 4334
Dated: 6-7-2012
By:- Pankaj Fitkariwala

donation of shares to charitable trust


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My Queries

 

1) if a company donates listed shares to a charitable trust, does this amounts to transfer and hence capital gain on this needs to be calculated. if yes, what will be the sale price for sale consideration

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Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 5-10-2012
By:- CA GOPALJI AGRAWAL

It would be transfer and the price on the date of donation on the stock exchange would be taken,


Page: 1

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