OFFMARKET SALE OF SECURITIES

Tax queries 162 views 2 replies

gud day all,

pls let me know if shares r sold in offmarket, (stt and brokerage paid) is a STCG or not.

if its a STCG,  how to calculate the profit from the sale transaction  since purchase value could not be found thro the holding statements.

 

if not, it should be treated as income from other sources

 

tnx

Replies (2)
It should be treated as capital gains only

well.,  since the buy value of the shares is not mentioned in the statement of holdings, how to arraive athe profit from sale of shares

 


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