Shares transferred
This query is : Resolved
MOTILAL PUROHIT
(Querist)
14 August 2016
can i transferred my portfolio in my HUF books with current stock price through directly not through any exchange
Prof. Bajaj
(Expert)
14 August 2016
This can be answered in 2 parts :
1. Can you do it ?
Answer: Yes.
2. What happens if you do it ?
Answer : As you are part of HUF and you transfer to it without consideration, clubbing provisions will be applicable.
1. Can you do it ?
Answer: Yes.
2. What happens if you do it ?
Answer : As you are part of HUF and you transfer to it without consideration, clubbing provisions will be applicable.
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