I got a RE for Airtel during the year. I did not do anything with them and they expired after a certain date. What is the tax treatment for this? My broker report shows this as unrealised Short Term Capital Loss- which should mean no tax applicable, right?
Who in this world will pay tax for worthless partially paid share that end up in expiry.
Your cost of acquisition is NIL. Sale consideration is also NIL. So no capital gain or loss.
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Thank you