Ltcg on equities

Neel Neel (20 Points)

19 April 2019  

I had purchased shares in a BSE listed company in paper format last year from an existing shareholder and subsequently got them demateriliazed in my demat account. The question is: The date for calculating 1 year limit for LTCG will be taken from (

a) the date of transfer in my name in paper format OR

(b) the date of demat.

Thanks for your expert advice.