Treatment of capital gain
This query is : Resolved
27 June 2016
I have transferred some shares inSeptember 2015 from my wife's demat account to our joint (myself & my wife) demat account. How I should treat this transaction in my wife's ITR for AY 2015-16. Should I treat this as short term capital loss in wife's ITR as there is no sale consideration in the transaction?
Ramesh
Ramesh
27 June 2016
you can treat as gift from wife. pls see the fund of share purchase who make payment, if you make payment then no gift arise.
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