Comment on Tradetax for income tax returns when trading

palani commented on 18 Feb 2017, 06:02 PM

Dear Madam / Sir,

My “NET REALISED PROFIT” as on today is +3 Lakh
And “UNREALISED PROFIT” as on today is + 3.5 Lakh (holding shares since 2 months with profit)

My questions is If i sell these shares in April 2017. Will these profit considerd as taxable income for this FY 2016 / 2017 because i invested in 2016.

If it is considered for next financial year means I am planning to hold for 2 more months.
Because then I will end up paying less tax for this financial year.

Please clarify Sir. Thanks a lot!

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