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Valuation of shares in hand

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 November 2013 I had purchased 4000 shares of a Ltd.company during October,2011 for Rs. 2,40,000/- (@ Rs.60/- per share). Out of which, I have sold 2000 shares for Rs. 4,80,000/- @ Rs. 240/- per share (Being STT already paid). I thing the LTCG is exempted. But can anyone advise me as how should I value the unsold shares 2000 in my hand for income-tax purpose?

22 November 2013 yes. it is a LTCG case no tax. Plus, the unsold shares shall continue to be valued at Rs 60/-.


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