TaxTMI 
TaxTMI 
Can a husband sell shares for cash to his wife, i.e. no brokerage, no STT is to be charged on it.
STT requirement on sale of shares
25 Jan 2011 
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Securities Transaction Tax applicability questioned for intrafamily off-market share sale; adviser notes transaction may be off-market.
Question whether Securities Transaction Tax applies to a husband selling shares to his wife for cash without brokerage; adviser advised the transfer may be effected as an off-market transaction. (AI Summary)
Question whether Securities Transaction Tax applies to a husband selling shares to his wife for cash without brokerage; adviser advised the transfer may be effected as an off-market transaction. (AI Summary)
