how to file return for LTCG - SHARES
utkarshdalal (3) (43 Points)
22 May 2017utkarshdalal (3) (43 Points)
22 May 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(162126 Points)
Replied 22 May 2017
Prime Brokering houses generally provide old transaction details, but sometimes sub-brokers may not be able to provide you such old records. But, without proper evidence, it will be difficult to ascertain exact LTCG.
Being LTCG on equity shares exempt under section 10(38), if you have at least Demat account enties as of April, 2004 or older date, department will not be able to disallow the LTCG exemption, whatever it may be based on year ending rates.
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