Comment on Taxation for Investors

Lokesh Kumar commented on 03 Jan 2017, 03:55 PM

” STCG is applicable for holding period over 1 day and not more than 12 months. ” suppose i bought share on 1 st aug. 2015 and sold on 31st july 2016. Here holding period is less than 12 months but 365 days completed (because of 29th feb). Will it be short term capital gain or long term capital gain.?

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