Loan repayment By transferring shares in demat account

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jaideep sonpal (Querist)
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22 February 2021 Son takes Loan from father for exercising Esops, Can Son repay the amount by transfering the shares to fathers demat account? What will be tax implications?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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22 February 2021 Capital gains tax applicable on this transaction.

jaideep sonpal

jaideep sonpal (Querist)
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23 February 2021 How ? shares are transferred in the nature of loan repayment

jaideep sonpal

jaideep sonpal (Querist)
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23 February 2021 If shares are transferred as GIFT to specified relative then also it should be exempt

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Loan repayment By transferring shares in demat account

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