Capital gain on sale of shares
This query is : Resolved
14 January 2016
Sir
Happy New Year to all
I am an accountant. I have sold equity shares in 2015 and purchased long back and do not have a purchase price. These are in Demat form. My question is:
How to compute the capital Gain on the sale.
Which price I should take to compute tax .
Pl advise.
Regards
Sanjay
Happy New Year to all
I am an accountant. I have sold equity shares in 2015 and purchased long back and do not have a purchase price. These are in Demat form. My question is:
How to compute the capital Gain on the sale.
Which price I should take to compute tax .
Pl advise.
Regards
Sanjay
19 January 2016
Pls ask the details from you depository.. Generally they provide all the details alongwith calculation. Moreover if shares are more than one year old then its exempt from tax.
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