Transfer of shares as gift

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Querist : Anonymous (Querist)
04 September 2015 In a Pvt Ltd company when some share are transferred (1000 out of 5000 of face value of Rs.100) shares are transferred by husband to wife what should be the consideration shown in the TD form

07 September 2015 Obviously, consideration should be zero. There is no requirement to pay stamp duty on TD Form. However, you need to pay stamp duty on Deed of Gift which is required to be registered and stamped as per Registration Act.



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