short term gain

This query is : Resolved 

22 February 2017 if i purchase some shares and sell it with profit, after some time i buy those shares again and hold it. can i adjust my profit in new share purchased.?

23 February 2017 Such adjustment can't be done. Profit on such sale has to be separately accounted and considered for tax payment.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries