ilmscore | Prediction Details
"Now, whenever securities are transferred from the nominee to the legal heir, the broker or depository will report this transaction to the Income Tax using the TLH code. The nominee will not have to report anything manually. Everything will become automatic."
By Groww | October 1, 2025 | Pending
From video
Zero tax for nominee on inheritance of shares 00:00:30 - 00:00:43
Interpreted Prediction
Brokers or depositories will automatically report securities transfers from nominees to legal heirs to the Income Tax using the TLH code, making manual reporting by nominees unnecessary.

Prediction Details

Topic
Securities Transfer Reporting

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