OFFMARKET SALE OF SECURITIES

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)
Quick Summary
This discussion explores whether shares sold off-market, with STT and brokerage paid, qualify as Short-Term Capital Gains (STCG). A key challenge raised is calculating profit when the original purchase value cannot be found on holding statements. The consensus suggests it should be treated as capital gains, but guidance is sought on determining the profit in such scenarios.

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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