How should the cost of acquisition of Infosys shares in buyback be treated.
Long term or Short term capital loss ? What if I want to treat it as ST cap loss ?
Hello @Ddude
Cost of acquisition of Infosys shares in case of buyback will be treated as long term or short term capital loss depending on the period of holding. If held for more than 12 months then it would be treated as long term capital loss otherwise short term