Easy Office
LCI Learning

capital gain on Stock-Split

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 October 2010
An investor holds shares of a listed company over past two years.

In July 2010 company splits a share of face value Rs 10 into 5 sahres of F.V. Rs 2 each. Queries are-

1) if the investor sells the shares in Sept 2010- weather it is Long Term or Short Term Capital Gain

2)What is the date of aquisition and what is cost of aquisition
Profile Image

CA Amit Joshi

Profile Image

CA Amit Joshi (Expert)
07 October 2010 It is LTCG.
Date of Acquisition is the date of past 2 years and cost also in that ratio.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links