Tax Implication of transferring shares from single to joint a/c

Yes you can do this , this make no effect on your holding perios status for Capital gain

Hello Sir,

You can very well transfer to a new demat account by doing the respective formalities. A mere transfer of shares from one demat to another does not constitute sale. So you need not worry about your Capital Gain Holding Status. You will get the entire benefit from the date of purchase till the date you actually enter into a sale transaction.

Trust this clarifies your query.

Feel free to call / get back in case of further clarifications.

Thanking You.

Regards,

Rohit R Sharma

BCOM, ACA, LLB-GEN, CERT. FAFP

Dear Sir,

You can very well transfer the holdings from one demat account to another. You will not lose any benefit on capital gain.

Please feel free to call/revert in case of any doubts

Thanks and Regards

Abhishek Dugar

CA CS B.Com

Dear Sir,

If you are the first account holder and therefore only your wife is name added as joint owner and no long term benefit can be waived off for the same. You will be surely eligible for 100% long term benefit

Sir in this case it will not be considered as LTCG but transferred to your own account