Comment on Tax loss harvesting opportunity - FY 2017/18

Chaitanya commented on 28 Mar 2018, 08:11 AM

“Sell the holdings, book the loss to the extent of realized gain you have. Buy it back the next trading day. ”
Why is there a need to wait till next trading day? Why can’t I sell and buy at the same time? Will it be considered an intra day trade or something? Will it be considered intra day trade even if I select CNC when placing those orders?

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