Net Banking
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home / Demat Account
 
Demat Account
Tax Aspect FAQs
Q1
How is cost of acquisition and period of holding determined for calculation of capital gains tax with respect to dematerialised holdings?
 
As per the amendment to the Income Tax Act, this will be determined on the basis of First In First Out (FIFO) method from an account. The proof of the cost of acquisition will remain to be the contract note.
 
   
 
Apply Now
Helplines
Demat Account
Tension free personal loans
Anytime, anywhere banking
Home | About Us | Financials | Subsidiaries | Regulatory Updates | FAQ's | Investor Query | Our Network | Contact Us | Disclaimer
All Rights Reserved. IDBI Bank Limited