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CAPITAL GAIN OF EQ SHARE

Tax planning 341 views 3 replies

RELIANCE INDUSTRIES DEMERGE ITS COMPANY  JIO FINANCIAL,

WHILE SELLING JIO FINANCIAL EQ SHARE HOW TO TAKE COST OF THAT EQ SHARE?

Replies (3)

COA of RIL would be COA of RIL shares & Jio shares in proportionate.. Divide the cost in ratio of 95.32% & 4.68% respectively.

thanks for reply

here question is that  Nos are not diffrence

equal shares alloted 1:1

both the shares alive on NSE/BSE

 

Apportion your pre demerger cost of acquisition of equity shares in the Company in the following manner: Reliance Industries Limited (95.32%), Reliance Strategic Investments Limited (4.68%).


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