Gift

There is no tax arises when u received gift as gift from relative is exempt.

If you sell that shares then capital gain arises.
If share are sold after 1 year of holding (aunt + your holding) & through stock exchange by paying STT on it then it is completely exempt.

In case it is sold within 1 year of holding then it is taxable @ 15%

thanks rashmi ji...

I read your reply in very post.. keep replying...