1. FMV As on 31.01.2018 for Share

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Student
110 Points Posted on 29 November 2020
which price is taken for computing FMV as on 31.01.2018 for Long term capital Gain u/s 112A
A. Opening
B. Closing
C. Highest
D. Lowest Price
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On 29 November 2020 at 18:27 Report
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Quick Summary
This discussion clarifies how to calculate the Fair Market Value (FMV) for shares as of 31st January 2018, specifically for long-term capital gains under section 112A. The consensus is to use the highest price of the day to determine the FMV for the shares purchased.

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student
35 Points Posted on 29 November 2020
Higest
1 Reply
On 29 November 2020 at 18:39
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Tax consultant
5895 Points Posted on 29 November 2020
Multiple the number of purchased shares with their highest value as on 31.1.2018 to get FMV
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On 29 November 2020 at 18:48
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Student
110 Points Posted on 29 November 2020
Thanks to Everyone
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On 29 November 2020 at 19:32

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