capital gain on Stock-Split
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 October 2010
An investor holds shares of a listed company over past two years.
In July 2010 company splits a share of face value Rs 10 into 5 sahres of F.V. Rs 2 each. Queries are-
1) if the investor sells the shares in Sept 2010- weather it is Long Term or Short Term Capital Gain
2)What is the date of aquisition and what is cost of aquisition
An investor holds shares of a listed company over past two years.
In July 2010 company splits a share of face value Rs 10 into 5 sahres of F.V. Rs 2 each. Queries are-
1) if the investor sells the shares in Sept 2010- weather it is Long Term or Short Term Capital Gain
2)What is the date of aquisition and what is cost of aquisition
07 October 2010
It is LTCG.
Date of Acquisition is the date of past 2 years and cost also in that ratio.
Date of Acquisition is the date of past 2 years and cost also in that ratio.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Gift of mutual fund units to daughter
- Not able to file ITR
- Building tax payment deduction in rental Income
- Reporting of STCG on Property in ITR
- Can partnership firm show income under 44ad
- FEMA regulation Act. for inward remitance
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
