WebAug 10, 2024 · (i) Fair market value of asset as on January 31, 2024 i.e. (highest value of the share on the stock market as on January 31, 2024 or when the share was last traded … WebApr 2, 2024 · 1. Calculate Short Term Capital Gain and Long Term Capital Gain if Equity / MF purchased after 31.01.2024 with Tax. 2. Calculate LTCG (Long Term Capital Gain) Tax on sale of Shares / Mutual Fund (Equity / Securities) purcahsed before 31.01.2024. Note Please :- Here Tax be calculated on sale price if it is above purchase price and fair …
Grandfathering provisions under Capital Gains - TaxGuru
WebHowever, if there is no trading on 31 January 2024, the FMV will be the highest price quoted on a date immediately preceding 31 January 2024, on which it has been traded. In the case of the unlisted unit, the net asset value of such unit on 31 January 2024 will be the FMV. 7. Please provide illustrations for computing long-term capital gains in WebFeb 1, 2024 · The Budget 2024 proposes to change how LTCG on equity shares and units of equity oriented mutual funds are taxed in your (an individuals hands). ... (to qualify for LTCG) ; and say the fair market … lynch syndrome disease
Your queries: Income Tax Consider FMV on Jan 31, 2024 as …
WebJan 31, 2024 · Fair Market Value or Grandfathering Price is BSE (Bombay Stock Exchange) - Highest price trade date 31.01.2024. For the holding as on 31.01.2024; "Grandfathering Price or The fair market value" will be taken as your cost of acquisition for taxation purpose and if you sell LTCG tax will apply on the gains made over and above grandfathering of … WebNAV as on 31st Jan, 2024 (Rs.) Difference (Rs.) ... 310.31 92.56 ICICI Pru Sensex ETF ... Fund Screener Fund Compare ... WebJan 31, 2024 · Exhaustive list of Fair Market Value for all shares listed on NSE and BSE as on 31 January 2024. The Long Term Capital Gains (LTCG) Tax for Equity and Equity related Mutual Funds was increased … lynch syndrome dermatology