Computation of capital gains tax

This discussion addresses the challenge of calculating capital gains tax on shares held for over a decade, especially when original purchase records like broker notes are unavailable. The advice suggests using the value as of 31st January 2018 as the cost basis for shares purchased before the demat system was introduced, particularly for very old holdings. It also touches on how banks record sale prices and the potential need to obtain Statements (ST/LT sheets) from brokers.