Bala murugan
This Query has 1 replies

This Query has 1 replies

one business man having book stock (or stock in trade) the person will transfer book stock to another business man without gst invoice is possible


PRIYA
This Query has 4 replies

This Query has 4 replies

02 October 2024 at 13:40

Claim after death

The account holder of demat account had nominated his wife as 100% nominee in his account on 20th February 2024. Six months later, on 24th August 2024 he changed this nomination online through e-sign and made his son as 100 % nominee. Unfortunately, the account holder died on next day, 25th August 2024. The change in nominee was processed and confirmation mail was received on 28th August 2024, three days after his death.
Who will be the nominee in this case to claim his shares in demat account?


Rinku Datta
This Query has 3 replies

This Query has 3 replies

Can a resident foreigner invest in unlisted shares of NSE? He used to stay in the US and has US citizenship, but has now moved back to India for good. He hasn’t relinquished his US citizenship, and continues to file taxes in India and US. Also has a demat n trading account with Icici direct and actively invests in the secondary market. How easy or difficult would it be for him to invest in unlisted shares of NSE?


Vijayalakshmi Tummapudi
This Query has 1 replies

This Query has 1 replies

12 July 2024 at 16:53

Consideration amount on Stamp paper

I have to submit several Affidavits and Indemnity bonds for applying for duplicate share certificates. These documents have to be executed on stamp paper. While filling stamp paper, we have to fill in " Consideration Amount". Since duplication procedure does not involve any transactions in terms of sale/purchase, what should be filled against Consideration Amount? Similarly for claiming dividends/share certificates from IEPF portal, we are required to submit the auto generated Indemnity bond on stamp paper. In this case also, no transaction is involved. So what should be the Consideration amount?


Ashish Kothari
This Query has 2 replies

This Query has 2 replies

02 July 2024 at 16:22

DELISTING QUERY

I have 1000 shares of Kwality Ltd , Broker is saying shares have been extinguished . What does this mean ? Have I lost my money ? Is there any way to contact company and trade the share ?


Karthik Rajendran
This Query has 4 replies

This Query has 4 replies

15 May 2024 at 22:24

Income tax for gift shares

I am planning to gift share to my wife.
1. Is there any limit to gift share to my wife?
2. If my wife selling the shares with in one year, who is accountable for short term capital gain tax, me or my wife?


Anand Prakash Garg
This Query has 2 replies

This Query has 2 replies

08 May 2024 at 17:02

Sale of Bonus shares

We are holding ordinary shares as well as bonus shares in Indian listed companies.

On sale of bonus shares, what COST will be considered i.e. NIL OR average cost OR
Fair markert value for capital gain calculation.

Please advise.


Mahabir Prasad Agarwal
This Query has 3 replies

This Query has 3 replies

After death of my husband, I came to know that some shares of MRPL were held by him. I do not have any certificate, but only dividend warrant having Folio no. with my husband's name. How to proceed to get the said shares transferred in my name.


Sashikant Chaudhury
This Query has 2 replies

This Query has 2 replies

04 May 2024 at 06:54

Determination of Share Price

If an individual shareholder of a company transfers its holdings to another individual, will it require a valuation to determine the price of shares? If so, can only a registered valuer perform this valuation, or can an independent CA practitioner with over 10 years of practice also do so? Assume company is private limited company.


Anand Prakash Garg
This Query has 1 replies

This Query has 1 replies

24 April 2024 at 15:45

Capital gain on Shares sale

If we buy shares on various dates with different price say 500 shares @ 250/- on 20 Jan, 700 shares @ 280/- on 26 Feb etc
1) sold 500 shares
2). or sold 800 shares

For capital gain purpose, cost will be considered on FIFO method or average cost of all holding.
Advise please