https://www.taxtmi.com/circulars?id=5245 Determination of the date of transfer for securities transacted through stock exchanges is the date of the broker's note for sellers and purchasers, provided delivery of shares and transfer deeds follow; for direct party sales, the declared contract date governs subject to actual delivery. Where purchases occurred in multiple lots and scrips cannot be correlated, the FIFO method determines holding periods, and indexation for long-term gains is applied accordingly. en-us Fri, 28 Apr 1995 00:00:00 +0530 Sat, 20 Sep 2008 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5245 Determination of the date of transfer for securities transacted through stock exchanges is the date of the broker's note for sellers and purchasers, provided delivery of shares and transfer deeds follow; for direct party sales, the declared contract date governs subject to actual delivery. Where purchases occurred in multiple lots and scrips cannot be correlated, the FIFO method determines holding periods, and indexation for long-term gains is applied accordingly. Circulars Income Tax Fri, 28 Apr 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5245