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Fifo or lifo in share calculation

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 September 2011 can we use lifo method in calculation profit on shares and also tell me use of stt.

urgent answer please
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CA.M.V.RAMACHANDRA RAO

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CA.M.V.RAMACHANDRA RAO (Expert)
08 September 2011 yes. LIFO method can be followed
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