29 July 2025
My client is an employee working in multinational company. He purchased some Shares from New York stock exchange in 2022 to 2024 in small units and in Jan 2025 he sold all the shares.
i want to know how i have to present this transaction in Income tax return in CG Schedule. also Weather i have to give report with bifurcation as per purchases or directly single entry i have to mentioned. In single entry what will be the date of acquisition then ?? as i have to convert share price from US doller's to INR date wise.
29 July 2025
1. Shares held for more than 2 years under Table B9 & less then 2 years under A5 of Schedule CG. 2. Consolidated single entry will be OK for each one. Consider the average rate of purchase, 3. The last one purchased in the time frame.