I had lent to a friends firm 1000 shares of Reliance Industries in an off market Demat transfer. The same were returned to me after a month. There was no consideration involved in this transaction Are there any tax implications for this transaction? Please advice, thanks in advance for your time
Menu
Tax treatment for lending stocks off market
Replies (1)
It will not be regarded as transfer & no cap gains wld arise.
Recent Topics :
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
- WRONG TAX DEMAND - formal responses , rectificatio
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
Related Topics :
CAclubindia
