Query n Cap Gain...

Whizkid (student) (640 Points)

26 September 2010  

 

In Singhania book for PCC AY 10- 11, Page 446, sum no. 101.10-P1 , They have given 2000 shares were sold... But however oly 1200shares were oly converted frm debentures...(i.e 600deb * 2sh = 1200sh) ..How did they get the figure of 2000shares...?? Even if 1200shares are being issued ....the final figure ll only be 1200*10 (face vlue) = 12000 oly.....

 

Can anyone reply this query asap......