Dear Friends,
In case of gift of shares from one individual to another individual, consideration may be out of love and affection.
What will be the consideration in case of gift of shares from individual to HUF.
Regards.
Kavitha (-) (210 Points)
07 December 2013Dear Friends,
In case of gift of shares from one individual to another individual, consideration may be out of love and affection.
What will be the consideration in case of gift of shares from individual to HUF.
Regards.
CS Iti Goyal
(company secretary)
(56 Points)
Replied 07 December 2013
Hi Kavitha
The consideration in case of gift of shares from individual to HUF will be NIL If you gift your shares to someon its consideration shall always be NIL, you just need to check the value of stamp paper for gift deed.
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