Question ID :
44717
Capital gain on sale of shares alloted under promoter quota
Equity shares of public limited co alloted under promoter quota sold. How the capital gain will be computed
Posted by
CA ATUL TOSHNIWAL
on
Aug 25, 2024
Filed Under
Capital Gains
the type of gain (short-term or long-term) will determine the tax rate, and the cost of acquisition (adjusted for inflation in the case of LTCG) will be deducted from the sale consideration to compute the capital gain?.
Posted by
CA. SURAJ KUMAR CHOUDHARY on
Aug 29, 2024
Answer ID :
85569
Nothing special...ordinary computation with indexation
Posted by
SIVADAS CHETTOOR on
Jan 04, 2025