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How to know LTCG and STCG from the given p&l statement

ramesh (Accountant) (261 Points)

04 June 2023

Please anyone help how to know LTCG and STCG from the p&l statement attached herewith

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5 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (178014 Points)
Replied 04 June 2023

Upload the statement again..

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sabyasachi mukherjee (27574 Points)
Replied 04 June 2023

There is an error.

ramesh (Accountant) (261 Points)
Replied 10 July 2023

Below attachment is the p&l statement in excel sheets sir

Attached File : 871197 20230710212536 0064 01 04 22 to 31 3 23 profit and loss.xls downloaded: 120 times

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (178014 Points)
Replied 11 July 2023

Two scriptts raw 111 & raw 114 are Long term (verify last year's statement for holding period 12 months or more).

Remaining sells are under Short term.

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ramesh (Accountant) (261 Points)
Replied 18 July 2023

1. In the statements under Assets scriptts with buy rate , cl rate , low rates are given.... These are the scriptts bought and in the hands of company as on 31march... Is it correct sir?

2. And what about the scriptts given under the Head liability.... Only sale rates and quantity given what's are they ( liabilities)?

Whether the scriptts given under the Heads assets and liabilities to be considered in calculating capital gains?

Scripts given under the Head short term are the scriptts bought and sold during the year and so profit or loss is of short term.... Is it correct sir?