ERA 5.26% 3.6¢ energy resources of australia limited

Gents,I had retail offer renunciation back on 28/nov/11 which is...

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    Gents,

    I had retail offer renunciation back on 28/nov/11 which is the money received from selling my entitlement 12 new shares for 7 shares hold from ERA

    Now Tax office asked me to pay tax on that even though I explained to them that is the capital gain tax.

    I paid some interest on margin lending last FY, could I offset this money from ERA? I could not claim interest paid in the tax return because I have no dividend for the year.

    Are you on the same boat or any advice will be appriciated
 
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