Share transfer Without Consideration
This query is : Resolved
18 January 2022
Dear Sir,
In a Ltd company which is not listed in share market and out of his one shareholder transfer his shares without consideration to his relative.
can this is okay or not then what is the way for the same.
In a Ltd company which is not listed in share market and out of his one shareholder transfer his shares without consideration to his relative.
can this is okay or not then what is the way for the same.
18 January 2022
It's okey in case relative it will be considered as gift not taxable.
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