Hi This is Krishna, I just want to know the tax effect on gift of indian company shares, given by NRI to her mother living in India.
Menu
Gift by an NRI to her mother
Replies (1)
whatever your status may be either resident or non resident, gift to relatives is exempt from tax to both the parties.
Recent Topics :
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
Related Topics :
CAclubindia
