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.
CAclubindia
