FIFO Method Mandatory for Share Capital Gains; STCG Applied Based on Holding Period in Multiple Demat Accounts.

FIFO Method Mandatory for Share Capital Gains; STCG Applied Based on Holding Period in Multiple Demat Accounts. https://www.taxtmi.com/highlights?id=47447 Capital gain computation - LTCG OR STCG - different demat account - ‘period of holding’ - it is mandatory to follow FIFO method when the profits on sale of shares in different circumstances is taxed at different rates, under different heads - FIFO method apply in case of multiple accounts to each of the demat account separately - gain is STCG en-us Wed, 26 Jun 2019 07:36:47 +0530 Tue, 25 Jun 2019 12:57:44 +0530 TaxTMI RSS Generator FIFO Method Mandatory for Share Capital Gains; STCG Applied Based on Holding Period in Multiple Demat Accounts. https://www.taxtmi.com/highlights?id=47447 Capital gain computation - LTCG OR STCG - different demat account - ‘period of holding’ - it is mandatory to follow FIFO method when the profits on sale of shares in different circumstances is taxed at different rates, under different heads - FIFO method apply in case of multiple accounts to each of the demat account separately - gain is STCG Highlights Income Tax Wed, 26 Jun 2019 07:36:47 +0530 https://www.taxtmi.com/highlights?id=47447