Computation of LTCG on Sale of Shares.
This query is : Resolved
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ravi shankar
(Querist)
05 December 2021
Sirs, Is there any way for calculation of LTCG on shares sold in F.Y. 2020-2021 if an income tax payer does not have a record of the purchase prices and dates of shares purchased by him about 12 years ago say in 2007-08 due to closure of his Demat/Trading account with the original retail broking house and transfer to a new retail broker? The new broker has only the prices as on date of transfer and the old broker (i.e. through whom the shares were originally/first purchased) is no replying
Dhirajlal Rambhia
(Expert)
05 December 2021
GET THE RATE AS ON 31.01.2018 THROUGH ONLINE/BROKER, AND CONSIDER IT AS COST OF ACQUISITION.
ravi shankar
(Querist)
05 December 2021
Thank you, Sir! My respectful regards
Dhirajlal Rambhia
(Expert)
10 December 2021
Most Welcome. ......
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