Purchased 500 unlisted equity shares in 1997-98 at the rate of ₹330 each.
Fair market value in April 2001 is ₹45 each .
In January 2023 transferred all Shares at the rate of ₹280 each .
Kindly calculate capital gain.
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You are free to choose COA as on date 01.04.2001 or actual cost, if its higher...
Here LTCG can be 500* 50 === Rs. 25,000/-
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