GAIN
This query is : Resolved
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.
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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- SFT Cash Deposit in Current Account
- Copyright software
- When TDS on GST applied
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
