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period of holding for shares

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2010 i had purchased rpl shares two years ago and recently i got 1 share of ril against 16 shares of rpl . now i wish to sell the share of ril what will be the period of holding ? will it be treated as long term capital gain or no?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
18 June 2010 It will treated as long term capital gain as date of purchase will be considered from the date of purchase of shares of RPL.

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