Capital gain on unlisted share
Abinash Panda (80 Points)
01 March 2023Fair 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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Abinash Panda (80 Points)
01 March 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(172406 Points)
Replied 01 March 2023
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/-
Abinash Panda
(80 Points)
Replied 01 March 2023
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)