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Gift deed

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20 August 2017 sir,
my father's brother spouse(my aunty) had gifted me rupess 4.5 lacs shares by trasferring through off market. whether gift deed should be executed.? What amount of stamp paper is required? where i can get the format? what is tax implication
thanks in advance

20 August 2017 Gift deed can be executed for your future reference.
Get the shares transferred in your name from the depository and Now Tax liability is on you when you sell these shares (STCG & LTCG as the case may be).
Stamp duty varies from state to state and it depends on the value of property. So, go to a nearby notary office and they will do it to for you at a nominal fees.

20 August 2017 Thanks for your valuable suggestion






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