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Treatment of capital gain

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(Querist)
27 June 2016 I have transferred some shares inSeptember 2015 from my wife's demat account to our joint (myself & my wife) demat account. How I should treat this transaction in my wife's ITR for AY 2015-16. Should I treat this as short term capital loss in wife's ITR as there is no sale consideration in the transaction?

Ramesh
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Rupesh Jain

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Rupesh Jain (Expert)
27 June 2016 you can treat as gift from wife. pls see the fund of share purchase who make payment, if you make payment then no gift arise.
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