Land Issue, Income Tax

[Priyanka Chaubey]

1)      Mr. X is a director of the Company and holds the majority shares approx. 98%.

2)      Mr. X holds a plot land in his name.

3)      Mr. X wants to transfer the maximum tax benefit to the company of the land without the change in ownership of the land.

4)      Possible alternatives of getting the maximum tax benefit of the plot by the Company without the transfer of ownership of the Director?

Posts / Replies

[MARIAPPAN GOVINDARAJAN]

Whether you have got clarified in the above issue? If not please inform.