Shares transfer to family members - taxation
This query is : Resolved
Quick Summary
Pratik Patel
(Querist)
07 September 2025
Dear Sir/Madam,
I have doubt that Person A has transfer shares to his wife account.
example
A bought Rs. 2 lac shares and he has transfered this shares to her wife account.
when he transfered at that time shares value was Rs. 3 lac.
Her wife has still not sold this shares.
Does Mr. A has to pay tax on ( STCG/LTCG ) 3 lac - 2 lac = 1 lac ?
I have doubt that Person A has transfer shares to his wife account.
example
A bought Rs. 2 lac shares and he has transfered this shares to her wife account.
when he transfered at that time shares value was Rs. 3 lac.
Her wife has still not sold this shares.
Does Mr. A has to pay tax on ( STCG/LTCG ) 3 lac - 2 lac = 1 lac ?
07 September 2025
No. The cost to wife remains Rs. 2 lakh and the same will be consider at the time of sale.
20 September 2025
Good Luck..
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