Markets: A Rigorous Course

M01 · Problem 9 ★ Check

Capital gains

In tax year 2026-27 an investor sells: shares A bought 20 months ago with a gain of ₹2,10,000; shares B bought 7 months ago with a gain of ₹90,000; shares C bought 14 months ago with a loss of ₹40,000. Compute the tax. Then suppose that in March 2027 the investor also holds shares D (held 2 years) with an unrealised gain of ₹1,50,000 and the A, B, C sales had not happened. How much tax-free gain can be harvested in 2026-27, and what does it save in future tax?

Answers

Commas, ₹, % and 1e-3 notation are accepted.

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