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Gifting of shares

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(Querist)
30 May 2015 Dear Sir,
Please let me know the tax impact of gifting listed equity shares worth Rs.200000 by one husband to his wife thr DP transfer.

Regards
Rajkumar Hudati
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
31 May 2015 No tax payable being gift to wife exempted but income from shares will be clubbed in the hands husband.

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