Gifting equity shares of pvt ltd company

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Querist : Anonymous

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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?

19 September 2017 No tax arises as gift from relative us exempt.

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Querist : Anonymous

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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?

20 September 2017 No only you have to make gift deed .

09 November 2017 no tax as such is attracted.


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