LTCG and Speculative gain treatment


13 June 2025 I had 10 shares of a listed company for more than a year. Hence the sale was eligible under LTCG.

I placed Delivery based order to sell the same. It was executed.

Later for the same quantity i placed Delivery based Buy order which was also exeucted.

However the trading acccount shows the gain as speculative gain and not under LTCG.

It seems that as the broker has executed the orders on intra-day basis (though both the orders were Delivery based).

Stock broker or Stock exchanges may adopt different method for squiring off transactions. But how can it deviate from the principle of FIFO?

Request tax experts to clarify.



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