Deemed cost of acquisition calculator

A calculator for computation of cost of acquisition of long term equity shares being acquired on or before 31-01-2018

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Cost of Acquisition Calculator
Other Info regarding Fair Market Value



Computation of cost of acquisition of such capital assets in certain cases

The cost of acquisition for the long-term capital asset acquired on or before 31st of January, 2018 will be higher of the following:

  1. the actual cost of acquisition of such asset;
  2. the lower of –
    1. the fair market value of such asset;
    2. the full value of consideration received or accruing as a result of the transfer of the capital asset

Taxpoint:

  • No Index benefit is available
  • The holding period will be counted from the date of acquisition
  • The cost of acquisition of bonus shares acquired before 31st January, 2018 will be determined as per aforesaid rule. Therefore, the fair market value of the bonus shares as on 31st January, 2018 will be taken as cost of acquisition (except in some situations explained in following examples).
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