https://www.taxtmi.com/article/detailed?id=16988 Inter-family share gifts may be completed through off-market demat transfers supported by a Gift Deed and transaction records. Gifts from specified relatives are generally exempt for the recipient, while gifts from non-specified relatives may be taxable above the prescribed threshold. The donor generally incurs no capital gains tax on a gift without consideration. On a later sale, the recipient generally uses the donor's original cost and holding period. Clubbing provisions may apply to gifts between spouses and gifts to minor children, while gifts to adult children, parents and siblings are generally not subject to clubbing. en-us Tue, 21 Jul 2026 08:32:29 +0530 Tue, 21 Jul 2026 08:32:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16988 Inter-family share gifts may be completed through off-market demat transfers supported by a Gift Deed and transaction records. Gifts from specified relatives are generally exempt for the recipient, while gifts from non-specified relatives may be taxable above the prescribed threshold. The donor generally incurs no capital gains tax on a gift without consideration. On a later sale, the recipient generally uses the donor's original cost and holding period. Clubbing provisions may apply to gifts between spouses and gifts to minor children, while gifts to adult children, parents and siblings are generally not subject to clubbing. Articles Income Tax Tue, 21 Jul 2026 08:32:29 +0530 https://www.taxtmi.com/article/detailed?id=16988