DATE OF ACQUISITION

accd to me, it will be allotment date.

Dear Shivshankar,

Friend ameet is rite allotment date will be taken as date of acquisition......

Explanation to Sec 2(42A)

in the case of a capital asset, being any specified security or sweat equity shares allotted or transferred, directly or indirectly, by the employer free of cost or at concessional rate to his employees (including former employee or employees), the period shall be reckoned from the date of allotment or transfer of such specified security or sweat equity shares;]

Mr.Shiv shankar...

I also feel that it will be Allotment date...