First i bought Asian paint with cash … later bought more with mtf … now again with cash to avarage the price … so when in future going sell it from “Stocks” section it’s going to sell in FIFO method ??
And if I sell from “On MTF” then sell only mtf stocks ??
Right ??
Hi @Gourab.92
When you sell MTF stocks, your MTF position will be closed. However, at the exchange level, all your trades, regardless of MTF or delivery, are considered delivery holdings. Tax implications for all stock sales are calculated using the FIFO method.