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Long term capital gain tax, money is received as installment

Income Tax - Started By: - bedese sasi - Dated:- 28-4-2015 Last Replied Date:- 30-4-2015 - Hello, This is a query regarding the Long term capital gain tax, where money is received in installments 3 of us friends started a private limited company and equally shared the equity. now we got a deal from another bigger organization to buy out 100 % equity in our company. now to the question, the money is given to us as installment over a period of 2 years. how should i pay my capital gains tax ? e .....

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r example total number of shares are 10000 and the value determined per share is ₹ 50/- then if installment received is say ₹ 1,00,000, then 2000 shares will be transferred and in next installment of say ₹ 50,000 only 1000 shares will be transferred. If this is the agreement, then period of holding at each transfer date will determine if the same is LTCG and STCG and you may pay tax accordingly. - Reply By MAHENDRA SURANA - The Reply = As I feel U can pass JV for transfer of Ca .....

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