One of our clients has bought RIL Shares 500 @ 1205 on 26/07/2019. Then he has bought new RIL share 100 @ 2120 on 08/09/2020 and sell it 100 @ 2100 on 09/09/2020(it is non-delivery based BTST transaction). Then which of the following method true, Method -1 or Method-2.
Method-1 Qty | Rate | Amount |
100 | 1205 | 1,20,500.00 |
100 | 2100 | 2,10,000.00 |
Profit | 89,500.00 |
Method-2
Qty | Rate | Amount |
100 | 2120 | 2,12,000.00 |
100 | 2100 | 2,10,000.00 |
Loss | 2,000.00 |
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