Ltcg
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 February 2018
I got the share thru ESOP in 2001. But my brother in law took to the same to his account in 2009 stating that he would use this capital for option trade and give me some moeny on quarterly basis. he even took 1.5 lacs from me. now 8 years have been past. I want to get my money and shares back. how can i do it without attracting any tax? what is the ideal time to get back these shares transferred to my dmat account before march-18 or after March will do? He as all dividend amout also with him. but I dont want to make that as taxable to me.
can he pay principal amount on my/wife's behalf for our loan without any problem for us?
can he pay principal amount on my/wife's behalf for our loan without any problem for us?
18 February 2018
Take it as gift not taxable as gift received from relative.
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