Capital gains holding period Trade dt OR settlement statement?
Samantha J (1236 Points)
19 March 2022Samantha J (1236 Points)
19 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 19 March 2022
Samantha J
(1236 Points)
Replied 19 March 2022
JJJ
(Need help)
(673 Points)
Replied 19 March 2022
It will be the date of the actual buy/sell transaction.
Your gain was realised when the trade occurred, regardless of the settlement date (and regardless of whether or not an eventual settlement was completed).
Gain calculations are based on transaction, not payment.
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 19 March 2022
CA Raj Doshi
(Practising CA)
(8908 Points)
Replied 20 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 20 March 2022
Samantha J
(1236 Points)
Replied 20 March 2022
JJJ
(Need help)
(673 Points)
Replied 20 March 2022
Then what was the point in asking the question in the first place?
Samantha J
(1236 Points)
Replied 20 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 20 March 2022
Samantha J
(1236 Points)
Replied 20 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 20 March 2022
Samantha J
(1236 Points)
Replied 20 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 20 March 2022
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