Dear Sir,
I have investment in stocks of NSE/BSE listed companies. Usually I had exit from some of the stocks (profit booking) and invest the same in other stocks. In addition, I have use my salaried income for purchase. Till date I have not taken any amount from trading the stocks. My question is Can I pay income tax to the capital gain generated by selling the stocks (which is reinvested)even though I have not getting any financial benefits.
Sincerely
CAclubindia
