LTCG schedule 112A inadequacy for M&A cases
This query is : Resolved
12 February 2021
There are serious complications in merger and acquisition cases for calculating LTCG. Gruh Finance shares were bought before 31 Jan 2018. Gruh has merged into Bandhan Bank on 17 Oct 2019 (ratio 1000 Gruh to 568 Bandhan). FMV of Gruh on 31 Jan available 2018 but Bandhan listed on March 27 2018. Transaction level LTCG calculation for Sale of Bandhan shares will need reworking cost price for equivalent number of Gruh shares for each transaction and number of transactions can run into 1000s. How does one go about this ?
29 November 2021
TAKE FMV OF GRUH AS ON 31.01.2018. CONVERT THOSE SHARES TO BANDHAN FOR ARRIVING ITS FMV OF BANDHAN. (AS IF PURCHASED ON 31.01.2018)
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
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- ITR validation error - Balance sheet is not filled
- Bank Accounts in Balance Sheet for ITR 3
- ITR 1: Details for showing Exempt Income
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Delisted shares sold in off market/ Rebate u/s87A
- Error whiling application of GST REFUND (ANNEXURE B)
- While filing GSTR9 accountant couldn't entered the ITC values in Table 6, in 9C it is not accepting
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
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
