My daughter gifted me shares worth 40 lacs so that I can book an appartment in Mumbai.
It's now more than 4 months but I couldn't find a good proposal so want to return those shares back to her.
Please suggest the way to do it.
Thanks in advance.
Menu
Returning the shares gifted by daughter?
Replies (3)
Quick Summary
You can legally and easily return the shares through an off-market transfer, and there are no tax issues since transfers between parent and child are exempt.
www.digitalmitra.co.in is a 25 years old established organisation, specializing in recovery of shares. You can get in touch with them through their website.
Please get in touch with digitalmitra team at www.digitalmitra.co.in
Recent Topic
- Individual person having tution income more than 2
- Itr 3 and itr 4 last dates?
- Indexation v/s non indexation for capital gains
- Query for practicing CAs — how does your fir
- Treatment of NPS arrears in form 10E / ITR
- Sale of shares from non resident
- SEC 10(10CC) - TAX PAID BY EMPLOYER ON NON-MONETAR
- Buy back of shares
- Capital gain and federal tax withholding
- TIS amount
Related Topics
CAclubindia
