RELIANCE INDUSTRIES DEMERGE ITS COMPANY JIO FINANCIAL,
WHILE SELLING JIO FINANCIAL EQ SHARE HOW TO TAKE COST OF THAT EQ SHARE?
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(180974 Points)
Replied 19 June 2024
COA of RIL would be COA of RIL shares & Jio shares in proportionate.. Divide the cost in ratio of 95.32% & 4.68% respectively.
H R Sayani
(Proprietor)
(41 Points)
Replied 19 June 2024
thanks for reply
here question is that Nos are not diffrence
equal shares alloted 1:1
both the shares alive on NSE/BSE
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(180974 Points)
Replied 19 June 2024
Apportion your pre demerger cost of acquisition of equity shares in the Company in the following manner: Reliance Industries Limited (95.32%), Reliance Strategic Investments Limited (4.68%).
Recent Topics
- Ineligible ITC availed and later reversed under wr
- Temples GST HSN
- Tax filing for the belated payment credit
- Legal service RCM
- OUT OF STATE ADDITIONAL PLACE OF BUSINESS
- Excess claim and paid with DRC03
- Upload of qualified audit report on MCA portal
- Form 26QB on multiple installment
- Is Offering Group Health Insurance Worth It for Sm
- Export of services documents
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
