Capital gain on sale of inheritance shares


(Querist)
16 May 2019
I got inheritance property including some equity shares in this year 2019. I want to know what will be purchase price of shares for calculation of capital gain, if I sale ?


CA R SEETHARAMAN (Expert)


Click to Talk 17 May 2019
As you don't know the purchase price, use the highest price quoted on the recognized stock exchange on 31 January 2018 as cost to calculate capital gains on sale of shares.


You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :






×
close
CA Learning
Get Income Tax App    |    x