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Capital Gain Equity share purchased in 1986

This query is : Resolved 

07 February 2023 100 shares of a company were purchased for Rs 1000/- in 1986 @ 10/- per share , The company delisted in 2015 when its share price were traded at Rs 345/- per share. The unlisted shares were sold for Rs 14500/- in 2022 through off market trade at Rs 145/- per share. How to workout Indexation cost of purchase price for the purpose of Capital Gains/Loss. Current price index table starts from the year 2001 where as the shares were purchased in 1986.

07 February 2023 Yes, take the price as on 01.04.2001 as cost (or Rs. 10/-, whichever higher) and index it to financial year 2022-23.


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