i have short term profit from "X"company's shares sale 5 lac Long term profit from "Y" comp. shares sale 3 lac short term loss from "Z" comp. shares sale 50,000 long term loss from "Q" comp. shares sale 70,000
27 June 2011
In case you are an Investor calculate Short term and long term gains. If you are a trader then no need to bifurcate as Short Term or long term profits/ loss.
Anyway , you are a lucky investor and your gains are as under-
1.Short Term Capital gains 500000-50000= 450000 2.Long Term Capital gain 300000-70000=230000
CAclubindia
