Loan repayment By transferring shares in demat account
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?
22 February 2021 Capital gains tax applicable on this transaction.
23 February 2021 How ? shares are transferred in the nature of loan repayment
23 February 2021 If shares are transferred as GIFT to specified relative then also it should be exempt