Share Transmission on Death of a Shareholder
Transmission of shares to nominees and legal heirs
- 1EntitlementWe identify which documents establish the claim.
- 2ApplicationClaim prepared with affidavits and indemnities.
- 3ApprovalBoard approves; register and certificates updated.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Share Transmission on Death of a Shareholder
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
Transmission is the transfer of shares by operation of law — usually on a shareholder's death — to the nominee or legal heirs. The claimant applies to the company with the death certificate, proof of entitlement (nomination, will with probate, succession certificate or legal-heir documents as required) and KYC; the board approves and the register of members is updated. No stamp duty applies because there is no sale.
Where the deceased had filed a nomination (Form SH-13), transmission to the nominee is straightforward. Without a nomination, the company asks for documents that establish who is entitled — a probate or succession certificate for larger holdings, or legal-heir documents and indemnities as the company's policy allows.
For shares held in demat form, transmission is processed by the depository participant; for physical shares, by the company. In both cases the company's register and records must reflect the new holder.
Inherited shares are not taxed on receipt. When the heir later sells, the cost and holding period of the deceased are used to compute capital gains.
| Nature | Transfer by operation of law (not a sale) — no stamp duty |
|---|---|
| With nomination | Shares go to the nominee (Form SH-13 nomination) |
| Without nomination | Probate / succession certificate / legal-heir documents as required |
| Tax on receipt | None; heir uses the previous owner's cost and holding period on sale |
Who this is for
Common scenarios where this service is a good fit.
- Families of a deceased shareholder
- Companies processing claims from nominees or heirs
- Founders setting up nominations to make future transmission simple
What you get
Clear deliverables so you know exactly what's included.
- Entitlement documents checklist
- Application, indemnity and affidavits
- Board approval and register update
- Demat transmission coordination
- Nomination set-up for remaining shareholders
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
We identify which documents establish the claim.
Claim prepared with affidavits and indemnities.
Board approves; register and certificates updated.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
