transfer of shares by way of gift

This query is : Resolved 

18 June 2009 Dear All

Please guide how can a transfer of shares be effected by way of gift?

Nehal

18 June 2009 EXECUTE A GIFT DEED AND TRANSFER DEED

18 June 2009 Is a gift deed compulsory? Because the RTA of a listed COmpany is not asking for that. Is it required from Income Tax point of view or any other purpose is there of gift deed? Also, if a gift deed is to be executed, is its registration compulsory?


18 June 2009 Hi,
It is necessary to prepare gift deed from the income tax point of view and also for any future complications.It is to be prepared on the stamp paper of Rs. 100/- There is no necessity to register the same.

18 June 2009 agree with Mr. Sharma

30 June 2009 Agree with Ratan.



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