Comment on Consequences of Short delivery - NSE/BSE

Pavan commented on 16 Aug 2015, 04:51 AM

Hi Nithin,
Lets say, one has 1000 shares of X company at 80 Rs and he sells at a price of 100s (CNC option) and buys back (CNC option) on the same day at 95 Rs. So he makes 5000 Rs profit. Would it be short term capital gain or speculative trading (for tax calculation ). Thanks in advance.

View the full comment thread »