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 Topic
- Discrepancy in "Processed By Source" and
- Dilemma of Indian Dependant Housewives
- TDS console file not open in RPU 1.1
- ITR 3: BFLA schedule not correct
- Dividend on foreign stocks in ITR2
- Refex Group IT Raid – What Can Investors Lea
- Capital losses when new equity was issued due to m
- Individual person having tution income more than 2
- Itr 3 and itr 4 last dates?
- Indexation v/s non indexation for capital gains
Related Topics
CAclubindia
