To avoid defaults like Karvy and Anugraha I am maintaining 2 Demat Acounts one with the broker and another with a bank.
When I transfer shares from bank's demat to brokers demat account and sell them it shows (0) zero purchase price causing higher capital gain resulting in higher capital gain tax. How to resolve this problem. Please guide. TIA
When you transfer shares to broker's account, broker's app page gives you option to edit purchase prize (of course after login). You can easily input your cost there.
CAclubindia
