My grandmother had 1000 shares of rs 50/- each in her name (year 2000) so 50,000 rupees original cost
On death - 2023 - my father and my uncle received half each - so 500 shares each
Market price - 120 rupees
My uncle gifted me 250 shares.
What should I put as my cost? (should it be 120 rupees? / should it be 2018 fair market value? Should it be 0? Or other?) - from angle of taxability of I sell part / whole of the 250
CAclubindia
