22 June 2011
I purchase the shares on 28-02-2010 but not paid full payment to broker as i have no demmat a/c at that time. He issued contract note to me. now i open demmat a/c with the broker and paid the full amount and he transfer the shares in my demat a/c on 15-06-2011. now i want to sale the shares pl let me know whether it is shot term profit or long term profit for income tax computation
CAclubindia
