31 December 2019
Hi, I am founder of a company that was formed 6 years ago. When I incorporated my company, value of each share was Rs. 10. I am selling part of my equity to an investor at Rs. 5000 per share. How will the LTCG be calculated in this case? Will taxable amount be (5000- (10xindexation) ) OR (5000 - Grandfathered cost on 31/1/2018)?
CAclubindia
