Comment on Tax loss harvesting opportunity - FY 2017/18

Varughese Eappen commented on 01 Aug 2018, 07:39 PM

For capital gains calculations for multiple transactions of a share FIFO (First In First Out) method is applied.
However is FIFO method applied across various demat accounts?

If I have purchased 100 HDFC shares via Zerodha on 01.01.2015 and buy 100 shares of HDFC on 01.01.2018 on xyz demat and I sell 100 shares from xyz demat. Will LTCG apply since I 1st bought in 2015 or will STCG apply since I am using XYZ demat and bought the shares in XYZ in 01.01.2018?

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