About Fair Market value of Shares

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CA -IPCC
120 Points Joined June 2015
Hii everyone

How we can find Fair market value of shares bought in 2014
to calculate the capital gain

Thank you
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On 23 July 2019 at 12:38 Report
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B.com
324 Points Joined January 2018

Generally, cost of acquisition is taken for calculation of CG, and not FMV.

But because of grandfathering you can consider Highest value of the share on any exchange as on 31.01.2018, if its higher than COA.

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On 23 July 2019 at 13:11
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Accounting
434 Points Joined February 2009

You can find FMV (Highest) as on 31/01/2018 of any share by visiting NSE website.

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On 23 July 2019 at 18:12
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CA -IPCC
120 Points Joined June 2015
Dear Mittal sir
Actually those shares were bought by ESOP scheme
so we need to consider fair market value as on purchase date

so for that we need fair market value
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On 23 July 2019 at 21:39


CCI Pro

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