The frequently asked questions released by the tax department on taxation of long-term capital gains under Section 112A didn’t cover the issue of split stocks. By that metric, even split shares are eligible for full FMV as on 31 January 2018. The FMV of HDFC Bank shares as on 31 January 2018 on BSE and NSE was ₹2,095.00 and ₹2,013.50, …
