Long term captial gains & stt
This query is : Resolved
24 March 2012
Hi All,
I have shares bought in before 1996 and some before 2000.
Most of them are in demat now and i dont have any records like at wht price i have bought and when(correct date).now i cant get any contract notes duplicate as the broker kept IP and closed the firm long back
Now i am thinking to file return and i have sold few in this year in stock market.
1. As STT was not there in 2000 is LTCG i exempt for me ?
2.How should i arrive the price of stocks for it purpose?
I have shares bought in before 1996 and some before 2000.
Most of them are in demat now and i dont have any records like at wht price i have bought and when(correct date).now i cant get any contract notes duplicate as the broker kept IP and closed the firm long back
Now i am thinking to file return and i have sold few in this year in stock market.
1. As STT was not there in 2000 is LTCG i exempt for me ?
2.How should i arrive the price of stocks for it purpose?
24 March 2012
IF U SELL SHARES ON ST EX THEN NO CAP GAIN WILL B LEVIED
Message likes :
1 times
24 March 2012
thnks sir
if its full excempt thn who much i claim as capital gain on wht basis should i calculate the purchase price
if its full excempt thn who much i claim as capital gain on wht basis should i calculate the purchase price
03 August 2024
https://docs.google.com/document/d/1WTm_ywRavcBMXWzIsK1ZiXWWNCrWzvT-DvySZ6_wAdA/edit?usp=sharing
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
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- LIABILITY ADJUSTMENT
- Average Cost Of High Quality Diamonds
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
