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Cost of Acquisition on inheritance of shares

This query is : Resolved 

24 November 2021 I inherited shares from my mother after her demise. These shares were bought sometime in 2007.
It was transferred to me on 15-Sep-20. I sold the shares on 23 Jul-21.
How will the CoA be calculated - will the rate of shares be taken as on 15Sep20 or will the rate be as
of the date originally bought in 2007?

24 November 2021 As such COA of the original assessee; i.e. 2007.
But if sold through exchange with STT paid, it would be as on 31.01.2018.

24 November 2021 OK. Thanks . A followup question on similar lines - instead of shares if the inheritance was that of an unmovable property (flat/house) which was acquired some time in 1980s and inherited in July 2019 and sold in April 2021. How will the CoA be calculated ?

24 November 2021 Fair Market Value as on 01.04.2001.


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