Query on short term capital gain on equity in specific scenario ?

POSTED BY gydave ON January 25, 2015 3:48 pm ONE COMMENT

Respected sir, I bought 10 shares of value 10 rs. So total investment is 100 rs. Now in less than a year period, I am selling 5 shares at value 20 rs. Does this transaction will attract short term capital gain though I have sold only 5 shares and I have just got back my input capital only (100 rs)?

One reply on this article “Query on short term capital gain on equity in specific scenario ?”

  1. Sirish Hk says:

    This will come under short term capital gain, As the 5 shares you have sold within one year period. Though you have got back your input capital (100) . What about the remaining shares that are in your DEMAT a/c.

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