Easy Office
LCI Learning

Capital Gain on Transfer of Shares

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 January 2011 I Mr. Sanjay transfer my own shares to my HUF a/c .Will this transaction attract capital gain tax or not.

second at which value it will transfer from own demat to HUf demat. as i yet not transfer the shares to HUF . i want to know the tax impact

Kindly guide me
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
19 January 2011 if sold at a profit it will attract capital gains tax.

It should be at the market value of the share in case of listed securities.
Profile Image

CA CS CIMA Prakash Somani

Profile Image

CA CS CIMA Prakash Somani (Expert)
19 January 2011 the transaction is liable for CG tax
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links