banner_ad

Taxation on shares transferred from one demat a/c to another

This query is : Resolved 

21 September 2015 I bought 100 shares of Infosys in Jan-2010 and another 100 shares in Jan-2011. Both of the above are in Demat Account A. I opened a new Demat Account B with another DP and transferred 50 Shares into this account from Account A in Jan-2015. In Mar-2015 I bought additional 50 Shares in Account B. Now, what will be the tax implication when I sell all the 100 Shares in Account B? (All shares above are for the same company)

29 September 2015 you have the option of choosing FIFO method while the sales is effected.
The period of holding would be inclusive of earlier D mat account.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details