Hi Experts,
Just suggest what will be the consequences when an assessee earn income from sale of Share received by gift/will/inherated by some one.
How the cost of share will be will be decide and how to decide the holding period?
Menu
Gain from share sold..
Replies (2)
Cost of acquisition of previous owner will be the original cost and period of holding will be decided based n same
COA OF PREVIOUS OWNER AND ANY COI BY BOTH(SELF AND PREVIOUS OWNER) ARE TAKEN WITH INDEXATION AND POH FROM PREVIOUS OWNER.
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
