banner_ad

Capital Gain on Equity - Shares

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 July 2024 I had purchased few shares in year 2010 in physical forms. In february 2023 i had converted the same in demat form and then sold it on June 23. Now i want to calculate Capital gains on it but the statement of depository shows the same as short term. How can i get grandfathers value of the same to compute gains.
Profile Image

Dhirajlal Rambhia online

Profile Image

Dhirajlal Rambhia online (Expert)
05 July 2024 Refer:: https://finlib.in/fair-market-value-31-jan-2018/
Profile Image

H Thakar

Profile Image

H Thakar (Querist)
05 July 2024 Thank you for the link. What which tax will be applicable?? LTCG or STCG?
Profile Image

Dhirajlal Rambhia online

Profile Image

Dhirajlal Rambhia online (Expert)
05 July 2024 LTCG,
Keep the records of dematerialization of the shares.
Profile Image

H Thakar

Profile Image

H Thakar (Querist)
05 July 2024 Thanks a lot. Always to the point & prompt
Profile Image

Dhirajlal Rambhia online

Profile Image

Dhirajlal Rambhia online (Expert)
05 July 2024
Profile Image

Dhirajlal Rambhia online

Profile Image

Dhirajlal Rambhia online (Expert)
28 August 2024 Good luck.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details