How Can Physical Shares In The Name Of My Father Be Transfered To My Name In My Demat Account?
Submitted by admin on October 7, 2009 – 2:56 amNo Replies
A web user asks, My father has some shares of essar oil and idbi bank in physical form.(share certificates). He is not into investing in stock markets and never created a demat account. He now wants to transfer these shares to me. How do we do the transfer of the physical shares to my demat account?
what are the tax implications of this transfer of shares?
Can you help them out? Post your advice!
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