My major Granddaughter and I have Dmat Account with the same DP. If I transfer some shares from my Dmat acct to my Granddaughter as a gift, what are the Income Tax implications for both of us?
My major Granddaughter and I have Dmat Account with the same DP. If I transfer some shares from my Dmat acct to my Granddaughter as a gift, what are the Income Tax implications for both of us?