Comment on Classifying Your Market Activity

Aniruddhsinh Rathod commented on 22 May 2019, 10:06 AM

Hello,

In the example of LTCG it is written that if you buy at 1,00,000 and after sell it at 1,00,00,000 after 10 years, you don’t have to pay any taxes on 99,00,000. My question is 1,00,000 is investment and not a gain/profit and tax rate is on gain/profit which is staggering 99,00,000 then how can one has not to pay any tax on that profit?

THANKS

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