Please Help: Tax
Posted Date : 25-May-2011 , 11:34:19 am | Posted By: Gurpreet Singh Gulati
Category :
Income Tax | Answers :
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Comments :
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Taxability of gifting shares to son |
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Answers:
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 Answer by: CA VIKAS JAIN |
| gift to close relative is now exempt from tax irrespective of amount limit.
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| Answer by: Vaneet Gupta |
| Exempted
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| Comments |
| Posted By : RAJESH SINGHAL |
26-May-2011, 10:24:24 |
| Fifting of shares to son are exempt u/s 56(2)vii, hense to taxability will arise |
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