This discussion addresses a client's challenge in calculating capital gains on demat shares when the purchase date and price are unknown. The recommended solution is to use the market's closing price as of 31st January 2018 as the basis for the calculation. This method provides a practical way to determine capital gains even without original purchase records.
10 February 2021
Our client had purchased shares. His shares are in demat. He doesn't have any information relating to date of purchase & purchase price. He only knows number of shares he is holding of a particular company. Query is how to calculate capital gains on this? Kindly guide.