capital gain on Stock-Split
This query is : Resolved
Querist : Anonymous
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
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
07 October 2010
It is LTCG.
Date of Acquisition is the date of past 2 years and cost also in that ratio.
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
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- Income Type for interest from government bonds
- Accounting treatment for Fixed Assets
- Is correct entry for FDs
- Interest on public Provident Fund
- TDS - Form 26QB - Installment - Final payment Query
- ITR 6 Schedule CFL and UD Issues
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
