Page 85 - Companies & Dividend Tax

Acquisition and Disposal of Shares

Investors

Disposal of shares where the company is not part of

the transaction

• If an investor disposes of his/her shareholding

(being capital in nature) or if section 9C applies, a

capital gain or capital loss may be realised. This

gain or loss has to be calculated according to the

Eighth Schedule – as covered in earlier chapters.

However, we did not cover the following

paragraphs and we have provided a brief summary

of them.

85