Capital Gains - CoA calculation

This query is : Resolved

Proloy Samaradivakera (Querist)
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18 June 2024 I bought 100 shares of CESC Ltd on 5Aug17 for Rs 950 a share. (Total CoA = 95000). Some time in 22-Aug-18 by scheme of arrangement by the company, I was allotted 20 Shares of CESC Ventures Ltd and 60 shares of Spencers Retail Ltd - he declared base rate of each share being Rs 10 and Rs 5 respectively. The name of CESC Ventures was later changed to RPSG Ventures Ltd.
I sold all 20 shares of RPSG Ventures in 25Jan24 for Rs 751 per share. How will I arrive at the Cost of Acquisition of the 20 shares I sold, for LTCG calculation.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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18 June 2024 What was the price of CESC Ltd. on 31.01.2018?
If it is 1074.35
Your COA as on 31.01.2018 is Rs. 1,07,435/-
So COA of 20 shares of CESE Venture is Rs. 42974/-
& cost of 60 shares of Spencers R Ltd is Rs. 64,461/-
Thus there is LTCL of Rs. 27,954/-

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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30 August 2024 Good luck.

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