Capital Gain LTCG or STCG on non delivery base transation

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..... 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 transact .....

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..... ion). 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 .....

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..... 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 - Reply .....

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..... By DR.MARIAPPAN GOVINDARAJAN - The Reply = Method II is correct. - Capital Gain LTCG or STCG on non delivery base transation - Query Started By: - Bhavesh Patel Dated:- 5-1-2021 Income Tax - Got 1 .....

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..... Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTM .....

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..... I - TMITax .....

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