I have a question for which again I couldnt find clarification.
I had bought Bharat Financial inclusion 600 Shares in december 2012 @ 170 per share
now after being merged with Indusind Bank I have received 383 shares of IndusInd bank effective from July 4th 2019
my questions are
1. How does one calculate the cost of acquisition of the Indusind share?
2. Will the grandfathering clause apply as original shares of Bharat finacial were aquired before Jan 2018 but the merger happened after that? could not find a sound clarification on this.
3. What will be the capital gains in this case if I sell them now ?
CAclubindia
