Rate determination


This query is : Resolved 

(Querist)
29 June 2010 Hi all,
How should we determine the rate of a particular scrip which was purchased 30years back. There are no supporting documents through which we can determine the rate. Please reply.

Rasesh (Expert)
02 July 2010 In case of listed companies, 1981 rates are available in the ready reckoner. In case of unlisted companies, use the average rate as rate of purchse.

Ankit (Querist)
10 August 2010 Thanks a lot Ramesh. This was of great help. Thanks once again


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