Ajay Chandak
This Query has 1 replies

This Query has 1 replies

15 June 2022 at 16:10

Capital loss on dislisted shares

Shares like Videocon Ltd is delisted.. and shareholder will not get any consideration..

Now my question is can I book loss as LT Capital loss n adjust same with realised LT capital gain.
If not where I will adjust this loss

Plz guide
Thanks in advance


Sandeep Dhawan
This Query has 1 replies

This Query has 1 replies

Please guide how to address the issue. My father is a senior citizen of 89 years doing constant follow up for its share transfer with IEPF , But the mails are unanswered. As per dept. a senior citizen help line number is given but the same is deactivated. ( 011-23441727). Mail is send to concern email id also . No confirmation (seniorcitizen.iepfa@mca.gov.in). My father is very dishearten and facing mental stress. Please guide so that i can take it up to help him out to get his issue address. Its impacting on his health also.


DIVYESH JAIN
This Query has 3 replies

This Query has 3 replies

11 June 2022 at 19:47

SIP in Mutual Funds

Dear Sir,

I am 38 years old and have started investing in Mutual funds 8 months back and my monthly SIP done are as follows :

Mirrae Asset Large Cap Fund : 10,000/-
Axis Small Cap Fund : 5,000/-
Axis Bluechip Fund : 10,000
Parag Parikh Flexi Cap fund : 25,000/-
UTI Nifty Index Fund : 10,000/-

I want to know are the above SIP's good enough for long term investment if my investment horizon is around 10 years and I want to get return on this investment of around 15-20%.

Please help me in this matter.

Regards,
Divyesh Jain



Rajnish
This Query has 1 replies

This Query has 1 replies

Dear Sir/Madam,

I request to you please guide regarding share transfer from Pvt. ltd. company from NRI (Foreigner) to NRI (Indian)
What is process?
Need to inform to RBI and any other department?

please guide

thanking you in advance

Regards
Rajnish


Henil Babariya
This Query has 1 replies

This Query has 1 replies

25 May 2022 at 09:34

Obtaine a new Share certificate

An investor holds an Equity Share of Re 10 each in physics certificate form and thereafter the company changes face value to Re 2/ changes in name.
What is the procedure to obtain a new certificate having face value Re 2 / New Company Name certificate ?


Henil Babariya
This Query has 5 replies

This Query has 5 replies

Mr. A died 10 year ago without nomination of his holding in favor of his legal heir and he holds shares in certificate form. Then what is the process of transmission of shares.


Angel
This Query has 1 replies

This Query has 1 replies

Hi,
In one of my client, 1 preference share is converted into 10 equity shares.
For example, - 10 Rs preference shares are converted to 100 Rs equity share.
What would be the accounting treatment for the difference of Rs 90 in the Balance sheet and presentation in schedule III.

I really appreciate any help you can provide.


Jayaraman Jaikumar
This Query has 1 replies

This Query has 1 replies

05 April 2022 at 10:42

Q99-General Queries other than above

My father had purchased some shares in the 70's and 80"s the purchase price of which are not known today. Needless to say they were in physical mode. Were dematted once the demat process was introduced.

Due to various reasons my father changed his dp on multiple occasions and the shares were transferred from one demat to another (All demat in his name).

Consequent to his demise the shares were transmitted to my demat account.

Suppose if i sell the shares today how will LTCG be calculated


sowmya
This Query has 1 replies

This Query has 1 replies

01 April 2022 at 14:47

New pvt ltd co

Dear Sir/Madam,

how to Make tally entry For Newly opened Franchise pvt ltd co.,
investment shares 70 lakhs from the investor and 30 lakhs invested by the franchise co., how to make this entry.
and profit sharing ration is 49:51
please let me know the entry


Thanks in advance
Sowmya


Saini
This Query has 1 replies

This Query has 1 replies

07 March 2022 at 13:22

LTCG calculation help

Hi,

I need your help in understanding correct calculation of LTCG , for below mention example:

LTCapital Loss = Rs. 10,000/- & LT Capital Gain = 5,000/-

my question is :

(1) Will the LT Capital Gain will be deducted from Loss i.e (10,000 - 5,000) = 5,000/- loss will be carried forward???
OR
(2) Will LT Capital Gain 5,000/- will be shown as exempt income & Lt Capital loss of Rs. 10,000/- will be carried forward ???


plz help which is correct way to show in income tax returns


Thanks,