Sir
Recd Rs.61351.69 on 08/11/22 in my bank a/c from NSE in liu of 112 shares of Mah&Mah which were trapped due to closure of Karvy stock broking.These shares were bought between 22/06/18 to 03/05/19 .Highest rate paid being 905.75 while lowest rate paid being Rs 644 and total puchase cost being Rs72070.50 .How to show this in IT return since in November 2022 Mah & Mah was trading at much higher rate than the rate which NSE applied being the closing rate on the day of suspension of M/S Karvy stock broking.I apprehend software may not accept this rate if sale is shown on 08/11/2022 or later questions may be raised on capital loss claimed.Kindly help me in resolving my dilemma.
P R RAO
CAclubindia
