which date is to be consider on split of shares
This query is : Resolved
10 November 2008
we had purchase shares on 16/03/2003 and shares split on 10/10/2005 and sold on 10/11/2005 we had claimed long term capital gain is it right please suggest me its urgent
10 November 2008
Correct.
10 November 2008
please send some article for that please
10 November 2008
There is no change in ownership of shares. There is only split. Accordingly no artcle would possibly exist on a matter so simple as this.
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