Section 45 (2a)
This query is : Resolved
28 February 2012
Hi,
if 100 shares were purchased in
1995 demated in 2005,
& 100 shares were purchased in
1990 demated in 2006,
then as per fifo method if in 2010 100 share are sold, which
100 sh. it will be?
2005 or 2006
if 100 shares were purchased in
1995 demated in 2005,
& 100 shares were purchased in
1990 demated in 2006,
then as per fifo method if in 2010 100 share are sold, which
100 sh. it will be?
2005 or 2006
28 February 2012
Dear friend, Fifo as you know is First in and First Out method. The first lot of shares which is dematerialised will sold first.Thanks
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
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
