In this case, it would be exempted.
ITAT issues guidelines for stay of demand.
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Show posts MenuQuote from: Bhumin on April 19, 2012, 05:08:42 PM
Dear All,
1) Can Minor open Demat account?
2) Can Minor open Trading account?
3) What if minor received share by way of gift or inheritance - How to hold those shares or how to transfer those shares ?
Regards,
Bhumin Mehta.