• Share transfer

My father has shares in DEMAT form in sharekhan.
He wants to gift me shares.

But sharekhan is charging 0.03% as transaction charges.

Is there any other way to transfer shares to me without incurring charges?

Can we directly transfer thru NSDL Ideas platform?
If so, then will Sharekhan still be able to charge me transaction charges?
Asked 8 years ago in Capital Gains Tax

We think no. They will charge as per Exchange guidelines.

Shyam Sunder Modani
CA, Hyderabad
1409 Answers
164 Consultations

Hello Sir/ Madam,

Sorry but I have no first hand information about NSDL charging transfer fees as such.

Rohit R Sharma
CA, Mumbai
2104 Answers
95 Consultations

Dear Sir,

The charges are transfer fee brokerage that will be applicable irrespective of mode.

Vishrut Rajesh Shah
CA, Ahmedabad
950 Answers
39 Consultations

Dear Sir,

Share transfer fee will be charged to you as per broker's fee schedule irrespective of mode of payment.

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

Thanks and Regards

Abhishek Dugar

CA CS B.Com

Abhishek Dugar
CA, Mumbai
3576 Answers
183 Consultations

Dear Sir,

If you directly transfer without participating through Sharekhan, then Sharekhan should not charge you its transfer fees.

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

Rohit R Sharma
CA, Mumbai
2104 Answers
95 Consultations

Sir if you have dmat account with Sharekhan then you must transfer through sharekhan only.

Shyam Sunder Modani
CA, Hyderabad
1409 Answers
164 Consultations

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