pulsu suresh (CA -IPCC) (120 Points)
23 July 2019
Harsh Mishra
(B.com)
(324 Points)
Replied 23 July 2019
Generally, cost of acquisition is taken for calculation of CG, and not FMV.
But because of grandfathering you can consider Highest value of the share on any exchange as on 31.01.2018, if its higher than COA.
Amol
(Accounting)
(434 Points)
Replied 23 July 2019
You can find FMV (Highest) as on 31/01/2018 of any share by visiting NSE website.
pulsu suresh
(CA -IPCC)
(120 Points)
Replied 23 July 2019
CAclubindia
