Does Gifting of shares to Sister's Daughter taxable to receiver?

425 views
User Avatar

50 Points Posted on 12 September 2022

A lady is desirous to gift some equity shares to her Sister's son. ( Nephew)

Will such shares be taxable in the hands of the receiver?

How to transfer equity shares to her sister's son through online Demat of NSDL?

Can anyone please explain how to do Off-market transfer ONLINE from NSDL account to this relative's NSDL account ?

0 Reply Share Follow Topic
On 12 September 2022 at 10:49 Report
Replies (2)
Quick Summary
This discussion explores whether gifting equity shares to a sister's son (nephew) is taxable for the recipient. It also covers the process of transferring shares online via NSDL's off-market transfer system. While the gift itself may not be taxed, the sale of those gifted shares could incur tax liabilities for the receiver.

User Avatar

CA
4330 Points Posted on 12 September 2022
I already told you that this will be taxable in the hand of receiver. If you unable to do the transfer on your own then I can do it for you. Check your inbox.
Reply
On 12 September 2022 at 12:40
User Avatar

Profession
19976 Points Posted on 12 September 2022
No transfer is not taxable but sell of such shares is taxable.
Reply
On 12 September 2022 at 20:30

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
  2. 70:30 GST rule for solar EPC: partial scope (struc
  3. TDS on Redevelopers hardship allowance received no
  4. Who will take FSSAI AND TRADE LICENSE: owner or te
  5. E Way Bill in respect of Without Bringing Material
  6. FAST DS 2026 query
  7. Consultation
  8. E-way notices for FY 22-23
  9. Gst file not created
  10. Regarding 3CEB query

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details