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Valuation of Shares Transferred as Gift

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(Querist)
10 July 2022 Respected Sir

One of my client holding various scripts since long but in last year he transferred few of his shares holding in HUF into his personal name being karta

I don`t have exact valuation being cost of investments in shares is mentioned in his books & since old broker through whom he purchased the shares has closed his business, i am unable to trace out bills

How to derive the exact value of the shares

Please help

Regards

Tribhuvan
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
10 July 2022 As it is gift to HUF, being non taxable, you can take advantage of rate as on 31.01.2018.
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