WebMar 8, 2024 · Further, benefit of grandfather-ing provisions applies to equity shares acquired up to January 31, 2024. Accordingly, in case of equity shares purchased on or … WebMay 18, 2024 · By Chirag Nangia I had purchased shares of one firm in 2016 and again in 2024. Now I have sold both on March 31, 2024. If I take the grandfathered price of shares held in 2016 separately with some ...
Importance of 31st January, 2024 for the Share Market! - TaxGuru
Webhigher of the actual cost or the fair market value of the security on 31 January 2024. However, to avoid an arbitrary loss situation, if the actual sale consideration is lower than the fair market value as on 31 January 2024, the cost of acquisition would be either the actual sale consideration or actual cost, whichever is higher. WebFeb 20, 2024 · 2. Suppose, you have purchased the shares or mutual funds on 31 st January, 2024, actual cost of which is Rs. 100000 as on date. The fair market value of the same as on 31 st January, 2024 is Rs. 130000. If you sale those shares or mutual funds after 31 st March, 2024 for Rs. 200000, then your actual gain will be Rs. 70000 (200000 … flu season 2022 toronto
Your Queries – Income Tax: Give scrip-wise details
WebIn this case, the actual cost of acquisition is less than the fair market value as on 31. st. January, 2024. The sale value is less than the fair market value as on 31. st. of January, 2024 and also the actual cost of acquisition. Therefore, the actual cost of Rs. 100 will be taken as the cost of acquisition in this case. Hence, the . long-term WebAug 8, 2024 · Price and worth of grandfather clocks. Even if you already have an idea and an estimated worth for your grandfather clock, it is still suggestive to consult a clock … WebJan 31, 2024 · This calculator can be used to calculate long term capital gains (LTCG) and the corresponding LTCG tax liability for listed shares and units of equity oriented mutual fund schemes sold between 1.4.2024 and 31.3.2024 both dates inclusive. Purchase dates can be entered only up to 31.3.2024. FMV or Fair market value is entered by the user as per ... flu season 2022 stats