13 July 2011
if an assessee transfres Shares from his old Demate Account to new Demate Account then Will he attract Capital gain on such transfer of shares
13 July 2011
Transfer means the transfer between 2 different parties. no one can transfer the assets them self. so transferring one demat to another demat of same person not a transfer and no capital gain also. That transfer will not make any capital gain also.(means can be transfer same price and balance only)
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