WebFeb 20, 2024 · 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. 300000, then … WebApr 12, 2024 · Nippon India Focused Equity Fund - Growth Regular Direct Category : Focused Fund Fund House : NAV : ₹ 76.7997 -0.55% (as on 23rd March, 2024) Crisil Rank Above average performance among peers...
How to calculate tax on LTCG from equity shares and …
WebSep 19, 2024 · FMV of the shares was Rs. 12,000 as on 31st Jan, 2024. He sold the shares on 21st May, 2024 for Rs. 9,000. What will be the long-term capital gain/ loss? Cost of Acquisition (COA) Higher of – Original COA i.e. Rs. 19,500, and Lower of – FMV on 31.1.18 i.e. Rs. 12,000, and Sale Price i.e. Rs. 9,000 WebOn December 31, 2024, the company's board of directors declares a 20 percent stock dividend. This stock dividend will be distributed on January 20, 2024 to the stockholders of record on January 15, 2024. The market price of the company's stock is $10 per share on December 31, 2024. retained earnings 200000 common stock dividend distributable 40000 citizenship translation
ITR filing: How to calculate and report LTCG gains in ITR-2 for FY …
WebDec 29, 2024 · For the investments made on or before January 31, 2024, entries to be made in the 112A page, are – ‘ISIN Code’, ‘Name of the Share/Unit’ (which will be automatically taken by the system),... WebDec 8, 2024 · In the case of equity share which was listed after 31 January 2024 or acquired under a merger or other transfer under section 47, the FMV will be: Purchase cost *Cost inflation index for FY 2024-18 / Cost inflation index of the year of the purchase or FY 2001-02. Explore: Cost Inflation Index FY 2024-23 Reporting Under Schedule 112A of … WebApr 1, 2024 · Why do you need the mutual fund NAVs of 31 st January 2024?. Or as it is called as the Fair Market Value (FMV) of Mutual Fund NAV as on 31st Jnuary 2024.. Its because in the Budget 2024, a 10% Long Term Capital Gains Tax (without indexation) on Equity – on capital gains exceeding Rs One lakh from all direct equity and equity mutual … dickies big yellow cup free refills