Comment on Tax loss harvesting opportunity for fiscal year (FY) 2021-22
commented on
23 Mar 2022, 07:34 PM
I have gifted stocks to my sons on 11/05/21 whose D mat a/cs are with you. Now I have downloaded Tax n PL statement and surprized to observe that the gifted stocks are being shown as “sold”(no indication of gift), as such notional profit of the gifted stock is included in STCG/LTCG amount, which will attract capital gain tax. Therefore request to please show the gifted stocks separately and not as SALE to avoid unaccountable capital gain tax.