I am a Senior Retired person without any Pension. My savings have been invested including in equity shares since year 1982 onwards (now under Demat). However, as I do not remember the initial investment made at cost nor the dates/year, is there a way to get this info now, before effecting sale of equity shares and to compute the applicable LTCG, for IT purposes? Kindly clarify.
Ans: Since these are very old shares, and there was a subsequent regulation of grandfathering for shares bought before January 31, 2018; you would not need the actual purchase rate, but the grandfathered price.To find this price, you can do a web search and get the price as of this date and use it as the purchase price.