Comment on Taxation for Investors

Sunil commented on 23 Mar 2018, 09:39 AM

Pre-demerger cost of acquisition of Orient Paper and Industries Limited (OPIL) shares in the following manner.

Orient Paper and Industries Limited (OPIL) 60.77% + Orient Electric Limited 39.23%.
If you invested Rs. 100 in OPIL after the demerger your new average price for OPIL will be 60.77 and new stock Orient Electric Limited average price 39.23.

http://orientpaperindia.com/resources/fck_upload/SplitofCostofAccuisition.pdf

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