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?

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.

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.

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.

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

I am NRI residence from South Africa, Johannesburg presently resident in Maharashtra state, Nagpur city I want to invest and trading in share market in India, Since I am NRI residence Can I open Demat Account for trading purpose in India. Is there any income tax regulations for income source and capital gain implications?

Sir , i purchased shares of a company for rupees 100 per share. Now the rate is 120 within 3 days. If I gift the shares to my wife what should be tax implications

Dear All


I have a query regarding the de merger of the TATA chemical salt business to TATA consumer. I was holding 250 shares of TATA chemicals and received the 285 free shares of TATA consumer against the de merger of TATA chemicals. What should be my buy price of free TATA consumer shares which I received on 31st march 2020. This is regarding the capital gain calculation.

1) A foreign company wants to invest 100% in Equity shares of a running Indian Private Limited Company which is 100% export oriented.

2) Alternatively this Foreign company wants to give their foreign shares to the existing shareholders of the said Indian Pvt Ltd. Company.

Please advise me what compliances to be done in respect of RBI, ROC, and Income Tax.

1. Do we have to report the assets upto 31 Mar 2023 or 31 Dec 2022 for the US stocks?
2. Please clarify whether the conversion rate used is the SBI TT buying rate as on the previous month.
3. Does the taxpayer need to submit a separate form 67 to obtain the foreign tax credits