Dear All,
1 - What is the procedure to calculate the capital gain on shares sold which were allotted in the ratio of 1:1 of the four (RCMVL,REVL, RCVL, RNRL) resultant companies to the shareholders of the Reliance Industries Ltd. on the demerger of the RIL ?.
2 - What will be the period to be taken into consideration for computing long/short term capital gain. (Period from purchase of shares in RIL or the period from allotment of shares in the four resultant companies.
3 - What will be the effect of merger of 2 (RCVL & RECL) of the 4 resulatant companies in the existing companies ?
CAclubindia
