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Income on gift

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(Querist)
16 July 2015 My mother has some equity shares from many years in her name.Few days ago she gift me that shares which I transfer in my name now If I sell this shares what will be the tax impact on this it will treat as LTCG or STCG.
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Nikhil Kaushik online

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Nikhil Kaushik online (Expert)
16 July 2015 LTCG. period of holding includes the period for which the asset was held by the person who gifted the asset

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