Comment on Tax loss harvesting

Nithin Kamath commented on 21 Mar 2016, 09:20 PM

All settlement happens with the exchange. So if tomorrow you loose money, exchange debits the money from your broker (on your behalf) and pay to the broker whose client made money. Remember that all money anyways is accessible to the exchanges, so trader or broker can’t say that they won’t pay money. Suggest you go through http://zerodha.com/varsity/

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