17 September 2012
my client have many companie's shares.Amongest such companies, some company has dissolved and value of such companies shares are nil in the recent time. now what is the treatment of such nil value share and how it will be shown in the total income?
17 September 2012
untill u hold the share no need to shown in the total income...but if u want to take benefit of capital loss then u should sale the nil value share out of stock exchange.