How to know LTCG and STCG from the given p&l statement

Please anyone help how to know LTCG and STCG from the p&l statement attached herewith 


Attached File : 871197 20230604111342 0001 01 4 22 to 31 3 23 profit and loss 1 .pdf downloaded: 89 times
Replies (5)
Quick Summary
This discussion helps clarify how to distinguish between Long Term Capital Gains (LTCG) and Short Term Capital Gains (STCG) using a Profit & Loss statement. It explains that scripts held for over 12 months are typically considered long-term, while those bought and sold within the same financial year are short-term. The conversation also touches upon understanding assets and liabilities within the statement for capital gains calculations.

Upload the statement again..       

There is an error.

Below attachment is the p&l statement in excel sheets sir 

Two scriptts raw 111 & raw 114 are Long term (verify last year's statement for holding period 12 months or more).

Remaining sells are under Short term.

1. In the statements under Assets scriptts  with buy rate , cl rate , low rates are given.... These are the scriptts bought and in the hands of company as on 31march... Is it correct sir? 

2. And what about the scriptts given under the Head liability.... Only sale rates and quantity given what's are they ( liabilities)?

Whether the scriptts given under the Heads assets and liabilities to be considered in calculating capital gains?

Scripts given under the Head short term are the scriptts bought and sold during the year and so profit or loss is of short term.... Is it correct sir?

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details