How to determine STCG and LTCG in the case of split of share

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Daya (Querist)
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09 December 2024 How to determine STCG and LTGC after splitting of share sold shares.
what will be the cost of acquisation and date of acquisation.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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14 December 2024 When a stock split occurs, the total cost of acquisition remains the same, but it is divided among the increased number of shares. For example, if you originally purchased 100 shares at ₹200 each, your total investment is ₹20,000. After a 1:1 split, you would have 200 shares, and the cost per share would be Rs. 100/- each. The date of acquisition for the split shares is considered the same as that of the original shares.