Mr. raju purchased 1000 equity shares of rs 10 each for rs 8

Jifi Jacob (1 Points)

09 December 2017  

Mr.Raju purchases 1000 equity shares of RS 10 each for RS 80 per share in 1987-88 and incurs and expenditure of RS 800 on brokerage. In may 1991 he receives 200 bonus shares. In sept 2011 he gets 200 right shares for RS 40 each. He sold 200 bonus shares in November 2011 @ 180 per shares and 200 per shares @ 60 per share in December 2011. Find out the capital gain for the  assessment year 2012-13