what is the tax treatment if shares are transferred to trust....whether it attracts capital gain?? if so how to treat??....
thanks in advance
subhash
subhash reddy (Student) (442 Points)
05 August 2011what is the tax treatment if shares are transferred to trust....whether it attracts capital gain?? if so how to treat??....
thanks in advance
subhash
CA Mukul Mittal
(CA in practice)
(384 Points)
Replied 05 August 2011
transfer os shares to trust is covered under the purveiw of income tax and therefore, taxable........
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