Hi, for the shares that I am holding of x, y, z companies are the stock price as on 31st Jan'18 important for this FY? or will that day's high vs my original purchase price(whichever is higher) becomes my new purchase price for anytime I sell in the future??
Menu
New or old purchase price of shares - jan 31st 2018
Replies (2)
Yes, that day's high vs your original purchase price(whichever is higher) becomes your purchase price for anytime you sell in the future. (for calculation of L T cap. Gain)
Thank you so much! :-) And in case of Short Term the original purchase price will be applicable right?
Recent Topic
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
Related Topics
CAclubindia
