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Explained: How to calculate capital gains tax on multiple demat accounts
Update / Judgement Date
02 Aug 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Calculating capital gains tax from multiple demat accounts can be complex. Investors must aggregate gains across all accounts, considering each account's transactions individually. The tax is computed on the difference between the purchase price and the selling price of securities. It's essential to maintain detailed records of all trades and account balances. The capital gains tax rate depends on the holding period—short-term or long-term. Investors should consult tax professionals to ensure accurate tax filings and compliance with regulatory requirements.