Originally posted by gopal
Originally posted by tarkeshwar
How do you calculate your short terms taxes? I mean - calculating in First-In-First-Out way matching sell quantities with buys are not very intuitive or easy to do it with paper and pen? Is there something in spreadsheet etc.?
I have written a little software code for doing this. Was wondering if other ppl do this by hand. In that case, I will put this code someplace to share.
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Bhai you can use MONEY CONTROL, everytime you buy make entries accordingly and everytime you sell make the entry in it accordingly ..... I have instructed my broker that every time he sends me the contract note for purchase or sell .... he should send without fail a second sheet also giving the final rates with calculation of brokerage, service tax, STT, transaction charges and stamp duty .....
Then simply click on money control to know your short term or long term gains .....
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Is there any s/w which calculates short term gain and long term gain if we provide data in excel format.... or any website which do this thing...??
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