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CAPITAL GAIN ON SALE OF LT SHARES

This query is : Resolved 

31 March 2020 Shares of a Company A which was received (in Sep 2015) in D Mat Account on merger/ take over of shares of another company B. (Cost of Acquisition Rs 5000/- purchased in Sep 1991)

Now Shares of Company A sold with STT duly paid in Jan 2020. (sale on Recognized Stock Exchange for Rs 352500/-) ( Market Value on 31-1-18 was Rs 331000/-)

Query : As STT was not paid when original shares were acquired then How capital gain will be calculated.

01 April 2020 STT payment condition is relaxed for purchase before 31/01/2018.


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