Question ID : 967
tax on share transfer
1.Is it possible to transfer shares from one person to another (not ive) with out attractg tax for the transferer?
2.what if the off market transfer is at cost and not the actual price tradg at the stock exchange?
3.Is it possible to transfer the shares alloted an itial public offerg (IPO) a day or two before it gets listed the stock exchange?
case study: If an employee is alloted shares an IPO the employee quota and wants to transfer it to a friend at the price he got alloted with out attractg tax ? If tax is attracted what is the mimum? '
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