{"id":18757,"date":"2021-05-29T14:47:23","date_gmt":"2021-05-29T09:17:23","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=18757"},"modified":"2021-05-29T16:31:31","modified_gmt":"2021-05-29T11:01:31","slug":"taxability-of-capital-gain-on-conversion","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/taxability-of-capital-gain-on-conversion\/","title":{"rendered":"Taxability of Capital Gain on Conversion"},"content":{"rendered":"<p>A Private limited is intending to convert into LLP , with same economic interest of share holder and partner .<\/p>\n<p>Will there be any capital gain tax in the hands of shareholder upon surrender of shares and getting capital in LLP.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[139],"qa_category":[23],"qa_tag":[24,216,82],"class_list":["post-18757","qa","type-qa","status-publish","hentry","qa_expert-research-team","qa_category-income-tax","qa_tag-capital-gains","qa_tag-conversion","qa_tag-conversion-of-llp"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/18757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=18757"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18757"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=18757"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=18757"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=18757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}