Comment on Tradetax for income tax returns when trading

Nithin Kamath commented on 25 Jul 2017, 09:42 PM

Hmm.. donno what it could mean. Maybe it is a stock that you have sold on 31st march, which is still showing in your demat. Best to speak to your broker and find out. If the stocks you had bought before demerger and till when you sold post is more than 1 year, it will still be long term capital gain. Otherwise STCG and yeah, tax on that.

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