I held 1000 shares in TM Harbour Services Private Limited. I made this investment on 11.12.2007. Subsequently the said private company was acquired by Adani Ports, a listed company. The scheme of the merger was approved by Bombay HC and the SEBI. I was alloted 200 shares of Adani Port in lieu of my earlier holding. My cost of acquisition of shares in TM private limited was Rs 30,000. I sold shares of Adani Port on BSE for Rs 3,30,000 on 26.12.2017 and on the said transaction I also paid STT. What will be the capital gain implication in my hands??
Dec. 26, 2017
