banner_ad

Capital gains on shares (Off market debit transactions)

1280 views 3 replies
User Avatar

Manager of Accounts
165 Points Posted on 24 July 2023
There is off market debit transactions as gift of shares to children amounting to 20K and off market credit transactions towards gift of shares from husband amounting to 80K..Both are reflecting in AIS..Is both tax exempt for assessee ?
0 Reply Share Follow
On 24 July 2023 at 15:19 Report
Replies (3)
User Avatar

SEO Sai Gr. Hosp.
211711 Points Posted on 24 July 2023

Yes, both are relatives as per IT act.

Reply
On 24 July 2023 at 15:28
User Avatar

Manager of Accounts
165 Points Posted on 24 July 2023
Thank you very much...Your inputs means a lot Sir
Reply
On 24 July 2023 at 16:51
User Avatar

SEO Sai Gr. Hosp.
211711 Points Posted on 24 July 2023

You are welcome.              

Reply
On 24 July 2023 at 19:37


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details