Comment on Understanding the new margin pledge system — effective Aug 1, 2020

Sombir Singh commented on 25 Sep 2021, 10:42 AM

I have questions regarding capital gains for pledge and unpledge of shares. For example I bought TCS 1000 shares @2000rs price on 01-Apr-2020 and later I pledged them on 10-May-2021. After two months 10-July-2021 unpledge and sold at price 3500rs a piece.

What will be considered this transaction LTCG or STCG? Pls elaborate

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