Capital gain of listed share

Namaste,
I bought 1000 shares of a listed company in 1980 @ 1000 each. and sold it in 22-23 . fmv on April 1 -2001 April is 1500 .
my doubt is what is the actual cost of acquisition ?
Thank you
Replies (2)
Quick Summary
This discussion clarifies how to calculate the capital gains tax on listed shares bought in 1980 and sold recently. The key point is using the Fair Market Value (FMV) as of 31st January 2018 as the cost of acquisition for Long Term Capital Gains (LTCG) under Section 112A of the Income Tax Act. Indexation plays a crucial role in this calculation.

Take FMV as on 31.01.2018 as COA for calculation of LTCG u/s. 112A of IT act.....

Indexation is important.

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