suppose a company accepts a buy back offer in march 2013 and the consideration is in dollars... the dollar was worth rs 55 then, but the payment is to be recieved in august when the dollar will be 61.. then how will capital gain be computed..what will be the tax impact for the enhanced payment recieved because of price fluctuation in dollar
Menu
Capital gain query
Replies (2)
rate for CG will be rate on the date of transfer of shares. the forex fluctuation income will be treated as other source of income
agreed with kunal..Foreign exchange gain/loss will arise..
Recent Threads
- Transfer of mutual funds to son as gift
- First Time ITR with 5000 penalty
- Loss due to non tradeable stocks
- What's CGAS?
- A Comprehensive Guide to Modern Digital Marketing
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
Related Threads
CAclubindia
