In the event of transfer of specified securities (including mutual funds), where the dates of purchase and sale of specific scrips cannot be correlated, based on the department circulars issued in this regard, the cost of acquisition and the holding period should be computed on First-In-First-Out (FIFO) method, for the purpose of computing capital gains
In the event of transfer of specified securities (including mutual funds), where the dates of purchase and sale of specific scrips cannot be correlated, based on the department circulars issued in this regard, the cost of acquisition and the holding period should be computed on First-In-First-Out (FIFO) method, for the purpose of computing capital gains
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