I run a Pvt Ltd company and have been investing part profits in shares. There are four directors in the company but the ownership is between me and my wife with 50% shares each. I take monthly salary & my wife is doing a job with an MNC. She is a sleeping partner, & have disclosed her directorship to her current employer.
Both of us have a Zerodha account where we invest regularly and have a Zerodha account for my company also. Now I want to transfer shares from my company Zerodha account to my personal or wife’s Zerodha account. I have invested approx 2 crores in my company Zerodha account which over time has almost touched 3.5 crore.
Please suggest how can I transfer these shares from my company Zerodha account to my personal / wife’s Zerodha account with minimal tax implication.