How to do an off-market sale. What is the procedure for that? I want to make sale of shares which I have purchased 3-4 years back and now they are suspended. So, how their price will be determined. Do I have to sell them at the LTP or any price I wish.
Also, I want to know that by selling that stocks, I can show loss in my books and thus reduce my current year taxable income. For ex. I have 100 shares @100. I purchased them 3 years ago and now it is suspended and its LTP is 2 Rs. Then by selling it through off-market sale, can I book loss of Rs. 9800?