Hi all,
Can someone help me with profit calculation for end of tax year.?
If i purchased 100 000 shares at different time between 1.7 to 30.6 and i sell 20 000 shares in same year and then rebuy again 20 000 shares.
Do I pay tax on those 20 000 shares what I sold or i need to take average price of shares purchased in that tax year and average price of shares sold , subtract difference and calculate profit or loss and then pay the tax ?
any help to understand this is appreciated
thanks
- Forums
- General
- End of year taxable income calculation
End of year taxable income calculation
Featured News
Featured News
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online