Gift deed
Himani Shah
(Querist) 17 May 2012
This query is : Resolved
Dear Sir/ Madam,
Please provide solution on the following:
1 shareholder of a pvt ltd comoany is transferring his shares (by gift) to his brother who also is the shareholder of the same company.
Please tell me what will be the amount of duty to be paid on the Gift Deed or what amount of franking is required to be done on the gift deed????
where is the gift deed required to be registered???
What are the tax liabilities attracted by this kind of transactions???
Awaiting for the reply at the earliest.
Thanks & Regards,
Himani Shah
Nadeem Qureshi
(Expert) 17 May 2012
Dear Himani
It's depend on the state, you should contact a lawyer in your local area.
Himani Shah
(Querist) 17 May 2012
sir it is Maharashtra State, Thane District
can you please help with this information.
Suhail A.Siddiqui
(Expert) 17 May 2012
Contact with Charted Secretary/ Charted accountant or corporate lawyer in Thane.
Nadeem Qureshi
(Expert) 18 May 2012
Dear Himani
you can contact Mr. Ajay Sethi, He is from Mumbai
Shonee Kapoor
(Expert) 18 May 2012
I endorse.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
