I bought shares 6 months ago and sold for profit on March 30th, 2015. The settlement date will be in April 2015.
For taxation purpose, will it be considered in FY2014-15 or FY2015-16?
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Shares sold on mar-30 - profit in current or next year?
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Capital gains is on accrual basis. So the short term capital gains would probably be taxed in the year of sale. Method of accounting is not of consequence.
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