Compute the cost of acquisition under the head capital gain in respect of 800 shares.
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Cost of acquisition:
Higher of –
A. Actual cost
B. Lower of
i . FMV as on 31/1/18
ii. Sale price
In this case: COA for 800 shares
Higher of
A. 900
B. Lower of 2000 & 2400 i.e. 2000
COA = 2000 x 800 shares