Comment on BTST/ATST( Buy/Acquire Today Sell tomorrow)

Nithin Kamath commented on 17 Nov 2016, 10:43 AM

Suresh, all stocks once they hit the demat are grouped together. IF this is for taxation purpose, FIFO (first in first out) is used to determine what you are selling. So yes, automatically what was bought first will be considered to be sold when u sell. So you can’t really do what you are asking for. You can’t select the latest 68 that you bought an say that you will sell that. (even IT deparatment won’t consider this).

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