How to determine STCG and LTCG in the case of split of share
This query is : Resolved
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.
what will be the cost of acquisation and date of acquisation.
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.
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