Capital gain
This query is : Resolved
10 June 2009
Capital gain :
Purchase
1. Purchase shares at 13.8.08 qty 250 @ 175 per share
2. Purchase shares at 17.8.08 qty 500 @ 172 per share
3. Purchase shares at 18.8.08 Qty 5641 @ 178 per share
4. Purchase shares at 1.9.08 Qty 9578 @ 165 per share
Sold
1. Sold shares on 5.6.09 Qty 10000 @ 115 per share
Wht is the loss on shares
Purchase
1. Purchase shares at 13.8.08 qty 250 @ 175 per share
2. Purchase shares at 17.8.08 qty 500 @ 172 per share
3. Purchase shares at 18.8.08 Qty 5641 @ 178 per share
4. Purchase shares at 1.9.08 Qty 9578 @ 165 per share
Sold
1. Sold shares on 5.6.09 Qty 10000 @ 115 per share
Wht is the loss on shares
Vipul J. Bhavsar
(Expert)
10 June 2009
Calculate using "First In First Out" method.
The Loss is Short Term Capital Loss.
The answer is Loss of Rs.5,79,333
The Loss is Short Term Capital Loss.
The answer is Loss of Rs.5,79,333
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- Working on Gold wastage during Melting of old gold jewellery
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST input credit on commercial property
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- Intimation under section 245
- Gift to nri relatives residing in usa
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
