STAM PAPER FOR GIFT DEED FOR SHARE TRANSFER

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Mahendra Patel (Querist)
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24 March 2022 Dear Sir,

We are a limited company without listed of share in Market.
our one share holder transfer his share to relative as a gift.

so my question is what amount of stamp paper required for gift deed.

Thanking you

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 March 2022 No gift deed required in this case with stamp paper.
Only share transfer form to be signed, in the form itself record it as gift

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 March 2022 No gift deed required in this case with stamp paper.
Only share transfer form to be signed, in the form itself record it as gift

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Mahendra Patel

Mahendra Patel (Querist)
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24 March 2022 Thank you so much for your prompt response.

but for income tax purpose or any compliance purpose required ???

or transfer signed form enough ??

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 March 2022 Not required, take copy of tranfer signed form that's the evidence for any purpose including income tax.

Mahendra Patel

Mahendra Patel (Querist)
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25 March 2022 thank you so much.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 March 2022 You are welcome............