Comment on Tax loss harvesting opportunity for fiscal year (FY) 2021-22

Denny commented on 18 Feb 2023, 11:45 PM

Dear Team,

I have 2000 shares of company X

Purchase price of first 1000 shares is 100Rs
Purchase price of second 1000 shares are of 80Rs

Average buy price is 90Rs

If I am selling 1000 shares of this company for tax loss harvesting

Then what amount will be considerd as my buy price to calculate tax ? is it the avearge price (90Rs) or the first purchase price (100Rs) ?

Regards,
Denny Johny

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