Calculation of Long Term Capital Gains
This query is : Resolved
25 June 2010
Please advise whether the long term capital gains is to be computed on the basis of date of allotment or date fo credit of shares in the demat account.
25 June 2010
Date of credit in the demat account should be considered for the purpose of counting period of holding and cost of acquisition,. For details pl refer section 45(2A) of the Income tax Act,1961 and CBDT Circular 768 dated June 24,1998.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS in case of Inoperative PAN under Section 192A
- How to reclaim rent paid on behalf of a registered person?
- IGST of Feb 23, Can we claim ITC now?
- TDS u/s 194IB
- Form 26b submission
- Trust audit of Mumbai
- NSC interest taxability at maturity
- Interest On TDS under section 201(1A)
- GST IMPLICATION IN CASE OF PROPRIETOR
- RCM on Commercial Godown
- How to check IT file
- Nri is having incomes in india and earning salaries in foreign and filing returns in america
- TDS Refund forgot to claim
- Difference in invoice
- PTEC CHALLAN NOT REFLECTING IN PAYMENT HISTORY
- Director's remuneration and RPT
- Amendment in GSTR1A
- GST adjudication monetary limit
- BSR AND CHALLAN SERIAL NUMBER IN CASE OF BANK ATTACHMENT ?
- CA FINAL Group-1 Completed
Trending Online Classes
CAclubindia
