Capital Gain in case of shares held from 1990
This query is : Resolved
Quick Summary
Satish Mehra
(Querist)
24 July 2024
Case:
Assessee bought Berger Paints shares in 1990 in paper form and later he materialized them in 2015.
Now, sold those shares in FY 2023-24 at Rs. 585 per share.
how will we calculate capital gains and tax.
Assessee bought Berger Paints shares in 1990 in paper form and later he materialized them in 2015.
Now, sold those shares in FY 2023-24 at Rs. 585 per share.
how will we calculate capital gains and tax.
Dhirajlal Rambhia
(Expert)
24 July 2024
585 - 253 = 332 LTCG
Satish Mehra
(Querist)
24 July 2024
any indexation allowed??
Dhirajlal Rambhia
(Expert)
24 July 2024
No. not u/s 112A IT act..
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