Market value of equity shares on 01.04.1981
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2014
Under Income Tax Act, one can substitute FMV of listed equity shares as on 01.04.1981 as it's cost of acquisition if the shares were acquired prior to that date. However, can any one guide me where do I get (reliable and acceptable to ITO) market price of listed equity shares (for example HUL, L&T and similar other A category shares) as on 01.04.1981 ??? Does any website or database has such historic data ?? Even BSE has data unfortunately only from 1991 !!!!!
Nikhil Kaushik
(Expert)
12 August 2014
you should contact your broker to do it for you....
Nikhil Kaushik
(Expert)
12 August 2014
Capital Market Quotations by CA. RAJAT MOHAN (bharat publications) provide this data
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