Gift deed

saket (Querist) 09 September 2017 This query is : Resolved
Can anyone provide me the Gif deed format for transfer of share in Demat to a family member without consideration

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Sudhir Kumar, Advocate (Expert) 10 September 2017
first of all this forum does not supply drafts

then even if you want someone to draft a deed you have to give him facts.

Guest (Expert) 10 September 2017
Your statement indicates that you are new to the stock trading.
If you want to transfer Demat shares from one account to other (Personal /stranger/ to sell in market) then you need to fill the specific form which DP provides give to DP and it get transferred , and that shares become of that account holder and not yours.

There is no need for making gift deed
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If your further question relates to taxation issue better ask CA
Any other then please tell more

Kumar Doab (Expert) 10 September 2017
Visit DP and check yourself.
Your CA can also advise you.

Kumar Doab (Expert) 10 September 2017
You can also post at Group website; CAClubindia.

R.K Nanda (Expert) 10 September 2017
formats are not supplied.

Rajendra K Goyal (Expert) 10 September 2017
Formats / drafts / samples not provided in this section.

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Dr J C Vashista (Expert) 11 September 2017
No formats are provided on this platform.
Seek guidance of a local lawyer if you are interested in drafting a gift deed.

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