Gifting of shares

This query is : Resolved 

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

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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