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Capital gain

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(Querist)
03 August 2020 sir
This is regarding equity shares of my NRO son who transferred his shares to the father in the month of November 2019 is there any capital gain to be paid by the son when he files his ITR.
Please clarify
Thanking you
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CA Raj Doshi

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CA Raj Doshi (Expert)
04 August 2020 Advisable to do commercial transaction and discharge the gains/losses.
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Asha Kanta Sharmapro badge (Expert)
09 August 2020 Yes Capital Gain is applicable based on period of holdings...
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