Transfer share
This query is : Resolved
17 December 2007
Respected Sir,
My father wants to transfer liste company share to me without any consideration,
will it be taxable for my father?
thanx & regards
Ghanshyam
My father wants to transfer liste company share to me without any consideration,
will it be taxable for my father?
thanx & regards
Ghanshyam
17 December 2007
NO . it is a case of gift from father to son , which is also not taxable in your hands .No tax on donor or donee in this case.
07 January 2008
the querry is resolved
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