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Prateek... (B.Com(H),PGDBA)     27 April 2012

Procedure for gift of shares (delhi)

Please provide procedure of gift of shares and transfer ( Let say Father to his son)



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 4 Replies

Anish Thakur 7018812737 (advocate)     27 April 2012

dear make a gift deed and registered that .its simple.

Prateek... (B.Com(H),PGDBA)     28 April 2012

Please let me know Deed is to made on paper or stamp paper(how much rupees). How to get it registered 

Siddharth Jain (proprietor)     02 May 2012

Depends Upon state to state... Go to registrar in delhi, They already had formats for gift deed....

Gift upto 500000 - rs 100

Above 500000 - rs 500

R.V.RAO (retired)     27 February 2014

stamp duty and registration fees is state subject.varies from state to state.

both the regn.fees  and stamp fees together  may not be more than 1%  or  2% of value of the shares.

gifting shares  by father to son being relatives does not attract any  gift tax .

but the procedure of gifting shares involves your approaching your DEPOSITORY PARTICIPANT (D.P),where you have demat shares  account in non physical form

submit the Delivery Challan duly signed by owner of shares to the D.P and transfer of shares is effected, after the D.P verifying signatures,  your holdings, and the ISIN numbers ,whether such shares are under pledge or free.etc....


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