capital gain ( FMV AS ON 1-4-1981 )
This query is : Resolved
21 November 2009
Hi
I have a query regarding Fmv as on 1-4-1981. I want to sell my share which were provided my company at Rs 10 before 1981 . Now at the time of sale i want to take the fmv as on 1981 ,but i have two market value .One of bombay stock exchange Rs 16 and one of Delhi Stock exchange Rs 12.50.Which value i can take for cost of acquisition.Pls reply asap.
I have a query regarding Fmv as on 1-4-1981. I want to sell my share which were provided my company at Rs 10 before 1981 . Now at the time of sale i want to take the fmv as on 1981 ,but i have two market value .One of bombay stock exchange Rs 16 and one of Delhi Stock exchange Rs 12.50.Which value i can take for cost of acquisition.Pls reply asap.
21 November 2009
you can take rs.16.
21 November 2009
why can,t i take 12.50 ,is there any clarification about this.
21 November 2009
you can choose which are is more benifitual for you , that is Rs.16 . you can choose Rs,12.50 also, its depands choose of yours.
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
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- Applicability of GST on Salary Reimbursement Component
- Dep. as per companies act
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- CHECK RELATED
- GST ISSUE OF INPUT AND OUTPUT GST
- UDIN ISSUE
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
Quick Links
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
CCI
Pro
CAclubindia
