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Transposition of listed equity shares

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14 January 2020 we would like to change the order of names in the listed equity share certificate. first holder is A and second holder is B. we would like to make B the first holder and A the second holder. Can anyone tell me whether there will be any income tax or capital gains on the above transaction. In which book can we find the tax rules for the above transaction. thanking you all. please reply

15 January 2020 What is the relation between A and B in your example?

15 January 2020 A and B are brothers


15 January 2020 better if you do this under Gift. So that it does not attract tax



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