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1124 views • Question added May 25, 2011 • Income Tax • By Gurpreet Singh Gulati , CA , New Delhi


Taxability of gifting shares to son

2 Answers

answered Jun 08, 2011 by CA VIKAS JAIN , DELHI

gift to close relative is now exempt from tax irrespective of amount limit.


answered Oct 01, 2013 by Vaneet Gupta , Delhi

Exempted


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RAJESH SINGHAL

26-May-2011 , 10:24:24 am

Fifting of shares to son are exempt u/s 56(2)vii, hense to taxability will arise

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