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Karthik Rajendran
15 May 2024 at 22:24

Income tax for gift shares

I am planning to gift share to my wife.
1. Is there any limit to gift share to my wife?
2. If my wife selling the shares with in one year, who is accountable for short term capital gain tax, me or my wife?

Anand Prakash Garg
08 May 2024 at 17:02

Sale of Bonus shares

We are holding ordinary shares as well as bonus shares in Indian listed companies.

On sale of bonus shares, what COST will be considered i.e. NIL OR average cost OR
Fair markert value for capital gain calculation.

Please advise.

Mahabir Prasad Agarwal

After death of my husband, I came to know that some shares of MRPL were held by him. I do not have any certificate, but only dividend warrant having Folio no. with my husband's name. How to proceed to get the said shares transferred in my name.

Sashikant Chaudhury
04 May 2024 at 06:54

Determination of Share Price

If an individual shareholder of a company transfers its holdings to another individual, will it require a valuation to determine the price of shares? If so, can only a registered valuer perform this valuation, or can an independent CA practitioner with over 10 years of practice also do so? Assume company is private limited company.

Anand Prakash Garg
24 April 2024 at 15:45

Capital gain on Shares sale

If we buy shares on various dates with different price say 500 shares @ 250/- on 20 Jan, 700 shares @ 280/- on 26 Feb etc
1) sold 500 shares
2). or sold 800 shares

For capital gain purpose, cost will be considered on FIFO method or average cost of all holding.
Advise please

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16 April 2024 at 17:15


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Vijayalakshmi Tummapudi

My late father has 4 legal heirs. He has 10 physical share certs. I am the claimant. I understand the share transmission procedure. Among several forms, there is Appendix D Affidavit( as per Kfintec) which needs to be submitted by all legal heirs. I would like to know if same form can be used for several companies or it has to be one form for each company. The form does have provision to list out several companies.
In case the above is acceptable, then can we submit photocopies of the affidavit to all companies ? Or a true copy?
With 4 legal heirs and 10 companies, the number of affidavit is huge. How can we avoid so many documents?


Interesting Conundrum. Can two rights issue of preference shares be issued, based on just one Resolution passed?

Mallick Naim Babu
30 January 2024 at 11:10

Relating issue of share certificates

Hello. I'm going to issue the share certificates to the subscribers of memorendum of my private limited company. I wanted to know how does the MCA or any concerned authorities would know whether I've issued the share certificates or not? Is there any process to report the issuance of yhe share certificates?

Deepak Rawat

Hi Experts,
I had some share of a company that has been delisted now.
Please guide, how can i take back my money?

Thank You