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

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....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....