Capital gain
This query is : Resolved
10 June 2009
Capital gain :
Purchase
1. Purchase shares at 13.8.08 qty 250 @ 175 per share
2. Purchase shares at 17.8.08 qty 500 @ 172 per share
3. Purchase shares at 18.8.08 Qty 5641 @ 178 per share
4. Purchase shares at 1.9.08 Qty 9578 @ 165 per share
Sold
1. Sold shares on 5.6.09 Qty 10000 @ 115 per share
Wht is the loss on shares
Purchase
1. Purchase shares at 13.8.08 qty 250 @ 175 per share
2. Purchase shares at 17.8.08 qty 500 @ 172 per share
3. Purchase shares at 18.8.08 Qty 5641 @ 178 per share
4. Purchase shares at 1.9.08 Qty 9578 @ 165 per share
Sold
1. Sold shares on 5.6.09 Qty 10000 @ 115 per share
Wht is the loss on shares
10 June 2009
Calculate using "First In First Out" method.
The Loss is Short Term Capital Loss.
The answer is Loss of Rs.5,79,333
The Loss is Short Term Capital Loss.
The answer is Loss of Rs.5,79,333
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