Comment on Tradetax for income tax returns when trading
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!