Comment on Zerodha - your tax aide while you trade

BSPTiger commented on 10 Mar 2016, 12:08 PM

Hi Nithin,

Thanks for quick response, Really appreciate your help.

The module say for:

Delivery based transactions: For all delivery based transactions, where you buy stocks and hold it more than 1 day and sell them(My holding is not for 1 day).

Speculative transactions (intraday equity trading): For all speculative transactions, aggregate or absolute sum of both positive and negative differences from trades is to be considered as a turnover. So if you buy 100 share of Reliance at 800 in the morning and sell at 820 by afternoon, you make a profit or positive difference of Rs 2000, this Rs.2000 can be considered as turnover for this trade(Here I am buying and selling or vise versa same day but I am not opting for exchange to close my position and by default this position will convert to delivery or short sell depending of nature of transaction).

I am little confuse can you please analyze my situation as it’s seems little specific, Because I can buy and sell both by using “Normal Type”.

Thanks again for your support.

Manish Rathore

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