Comment on Tradetax for income tax returns when trading

ashish commented on 24 Jul 2017, 10:21 PM

Hi Nithin , i am a zerodha trader since 2011.
i have a query.Bought x shares of Chamanlal on 30.6.15 at 92
On 28.12.15 The shares split from Fv 10 to 12
Now i have 5x shares at 18 Rs
The issue is that i sold shares on 24.11.16 at 59.5
If there was no stock split, it wud hv been LTCG, however, coz of the split do i have to pay STCG ? My holding period is same as i did not acquire any new shares,
In case of Bonus , i understand but split ???

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