Ltcg ay 2019-20

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 November 2018 My has client purchased 100 shares @100 per share in 1998 , obviously without STT. He sold the 100 shares on October 2018 at ₹200 per/share . Please suggest LTCG and calculations . Matter urgent.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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23 November 2018 check what was the value of shares as at 31 January 2018. The difference between the price as at 31 January 2018 and the selling price is taxable as LTCG

Querist : Anonymous

Querist : Anonymous (Querist)

25 November 2018 But STT was not paid at the time of purchase as STT was not introduced at that time
Now let me know whether new scheme is also applicable on This case. Matter urgent.

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