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This query is : Resolved
shubh Soni
(Querist)
29 April 2021
My father in law purchased some share of DALMIA Sugars & industries ltd in year 1992, which was inherited by my wife after his death, After the subdivision of Dalmia sugars in 2 entity ( DALMIA BHARAT & DALMIA SUGARS) we were allotted 9400 shares of DALMIA BHARAT on 09/01/2019 against 4700 shares of Dalmia Sugars.
Recently we sold 200 shares of Dalmia Bharat @ 1484.26 on 12/02/2021 now how to calculate the capital gain on it ?
Or the income is tax free s the shares were purchase in 1992 ?
Do we need to calculate Fair Market Value of the same as the recent merger of DALMIA BHART & ORISSA CEMENT will have some impact on it.
Recently we sold 200 shares of Dalmia Bharat @ 1484.26 on 12/02/2021 now how to calculate the capital gain on it ?
Or the income is tax free s the shares were purchase in 1992 ?
Do we need to calculate Fair Market Value of the same as the recent merger of DALMIA BHART & ORISSA CEMENT will have some impact on it.
Dhirajlal Rambhia
(Expert)
24 September 2021
Take the cost of investment as 4700* 101.65 rate as on 31.01.2018; for 9400 shares of Dal Bharat. Fill the cost of 200 shares in the schedule 112A of ITR 2 / ITR3
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