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capital gain Query-when shares F.V split

This query is : Resolved 
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(Querist)
10 June 2009 Capital gain :

Purchase
1. Purchase shares at 13.8.08 qty 250 @ 175 per share
2. Purchase shares at 14.8.08 qty 500 @ 172 per share

The face value of shares is split from rs.100/- to rs. 10/- each.

3. Purchase shares at 18.8.08 Qty 5641 @ 15 per share
4. Purchase shares at 1.9.08 Qty 9578 @ 17 per share

Sold

1. Sold shares on 5.6.09 Qty 10000 @ 19 per share
2. Sold shares on 6.6.09 Qty 3000 @ 22 per share


how gain/loss is calculated under FIFO method if shares F.V is change.
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Deepak Goel

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Deepak Goel (Expert)
11 June 2009 When face value of share split then no. of shares will increase, therefore, you have to split your purchase value accordingly.
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