Comment on Online pledging of stocks for trading F&O

AKD commented on 28 Jun 2017, 09:37 AM

If i pledge my holding, then will it be considered as long-term capital gains (exempt from tax) if I sale it after 12 months period?
Script: Reliance (Qty:1000)
Date of Purchase: 01.06.2017
Date of Pledging: 01.07.2017
Date of Unpledging: 01.05.2018
Date of Sale: 01.09.2018
Total Holding period: 15 months
In my Demat a/c: 5 months (1+4)
With Zerodha (Pledged): 10 months

Thanks in advance.

View the full comment thread »