Returning the shares gifted by daughter?

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.

 

Replies (3)
Quick Summary
If you wish to return shares gifted by your daughter, an off-market transfer is the legally straightforward method. Importantly, transfers between parents and children are exempt from tax, meaning there are no tax issues to worry about. For assistance with this process, you can contact established share recovery specialists like Digital Mitra via their website.

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

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