Transfer of shares through gift deed

What is the process for transfer of shares in Pvt. co. by Gift deed (From Father to his Son)...Does it needs to be on stamp paper , if yes then whether it needs to be registered?? 

Replies (2)
Okey. Go with your believe. God has nothing to do with it.

Yes you can tranfer the shares as gift to family members.Please comply with the following : 1.Board Resolution approving transfer of shares.

2.Gift Deed on stamp paper of Rs 100.

3.Share transfer form SH-4 along with share transfer stamp duty .

4.For calculation the the amount of stamp duty,apply the rate of 025% on fair value of shares transfered.

 

 

Regards

 

annu agarwal

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