Easy Office

Gifting equity shares of pvt ltd company

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 September 2017 I had a quick question in mind. If my brother gifts me half of his shares in his pvt ltd company, what taxes are to be incured in this?
Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
19 September 2017 No tax arises as gift from relative us exempt.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 September 2017 Thanks. So basically there's no tax. But is there any other expense which will arise in doing the same?



Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
20 September 2017 No only you have to make gift deed .
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
09 November 2017 no tax as such is attracted.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links