Gifting of Stocks to Non Relative above 5 Lakhs.
This query is : Resolved
04 June 2023
Can I receive Stocks as Gift from Non Relative of value above 5 Lakhs.
Now, If I don't Sell these Stocks then no tax liability on me.
Only Dividend is taxable for me.
No tax on donor.
Please Help.
Now, If I don't Sell these Stocks then no tax liability on me.
Only Dividend is taxable for me.
No tax on donor.
Please Help.
04 June 2023
You have to pay tax on gift received above Rs 50,000 including stocks received.
No tax on donar.
No tax on dividend as tax paid on stock received.
No tax on donar.
No tax on dividend as tax paid on stock received.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Registry of flat in 3 names
- Taxability with reference to DTAA
- TDS applicability in case of software payments to a foreign company
- TDS on payment of Event fees to foreign Party
- Residential Status of Assessee
- TDS on Bank charges to company
- Capital Gain on sale of Listed Equity Shares
- GST INVOICE RAISED BY THE FRADULENT COMPANY WITHOUT THE KNOWLEDGE OF THE OTHER PARTY
- Fixed Deposit through NRO Account
- Regarding TDS 194Q w.e.f 1 April 2025
- Capital gain on share swap
- Regarding TDS return 27Q (NRI Property TDS)
- TDS- Inter head transfers
- Companies law Dividend
- Clarification on GST Credit Note Rejection and Return Adjustment
- Fourth Qtr 24Q return Rejected by Traces
- FORM-RED-11
- Companies law Appointment of CS
- Due date of ESI,EPF and MSME
- Logistics business Services Refund can we Received 100%
Trending Online Classes
CAclubindia
