20 June 2009
i have a lots of shares of diff. companies. i trade daily in shares market. then i want to know that what will be the method to calculate the STCG and also tax on the same. suppose i have purchase the 25 shares of A co.on 5th may @ 50/-per , also 25 shares on 7 may @ 52/-per and 10 shares on 10 may @ 53/-. on 12 may 40 shares sold out @ 52.50 per. then in this case what rate i will take to calculate the gain
CAclubindia
