Capital gain on Shares sale
This query is : Resolved
Anand Prakash Garg
(Querist)
24 April 2024
If we buy shares on various dates with different price say 500 shares @ 250/- on 20 Jan, 700 shares @ 280/- on 26 Feb etc
1) sold 500 shares
2). or sold 800 shares
For capital gain purpose, cost will be considered on FIFO method or average cost of all holding.
Advise please
1) sold 500 shares
2). or sold 800 shares
For capital gain purpose, cost will be considered on FIFO method or average cost of all holding.
Advise please
CA R SEETHARAMAN
(Expert)
24 April 2024
FIFO method calculate capital gains.
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