I also want to sell in sub2. but I couldn't find a dealer, could you give me a connection? It would be really helpful I will share my contact no. to connect with you.
@Manan Surana See the amount invested , not the accounts. Once money is there, you can find the accounts. Wealth can manage anything and show you the path.
96.4. IPOGainers| Link| Bookmark|
August 23, 2023 8:18:22 PM
Top Contributor (500+ Posts, 100+ Likes)
@PKRAJ in such cases, how taxes are managed? Since we can't transfer money to non relatives beyond 50k otherwise it attracts tax penalties.
@IPOGainers Why do you want to manage taxes. Pay taxes and sleep well in the nights. You have to pay taxes from earnings. So, don't shy in paying taxes. When you start earning you will also find your desired way. All the best in advance.
96.6. IPOGainers| Link| Bookmark|
August 23, 2023 9:07:19 PM
Top Contributor (500+ Posts, 100+ Likes)
@PKRAJ thanks for the response. I mean suppose someone apply as 3rd party asba ipo application and he got the allotment, so, the stocks will be credited to a 3rd person and money will be debited from main person account. Now, when the stocks are sold, the 3rd person will pay taxes on capital gains. But, how can he transfer this money to 1st person account if it is not blood relation or 1st person will need to pay taxes again as a gift tax?
@IPOGainers This subject is not possible to discuss in any forum. So, make your own efforts to find the way. Now the days of 3rd party is going to vanish shortly. But always pay taxes wherever required.
@IPOGainers Just see. Half Century. Easily managed. That why he is @Always Be positive Think positive and be positive. You will also be able to manage more than half century. But don't think about taxes. Try to understand my words.