Thursday, March 28, 2019

No further extension on last date for transfer of shares held in physical format: SEBI clarifies

SEBI received representations from shareholders for extension of the date of compliance in view of the same, it clarified that its decision does not prohibit the investor from holding the shares in physical form; investor has the option of holding shares in physical form even after April 01, 2019. Any investor who is desirous of transferring shares held in physical form after April 01, 2019 can do so only after the shares are dematerialized.

from taxmann.com News https://ift.tt/2WwUkiN

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...