Dhananjay Bhatt (41 Points)
07 July 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195640 Points)
Replied 07 July 2023
What option you had selected while transfer of shares to your son's demat account?
Whether you chose Gift or Off market sell?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195640 Points)
Replied 07 July 2023
Yes, it is taxable at the market value as on date of transfer under head capital gains.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195640 Points)
Replied 07 July 2023
Consider sale value as Rs. 73,340/- and calculate capital gain for the assessment.
CAclubindia
