Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Tax loss harvesting is a common practice at the Financial year end by selling stocks that are trading in a loss in your portfolio and buying them the next day. This will reduce your total capital gain/ income for the financial year.
Realizing the unrealized loss in your Demat account will offset your total tax that was to be paid for that financial year.
Zerodha provides a report for the Tax loss harvesting opportunity in the console.
If there are no realized profits or if realized losses are greater than the realized profits, there will be no tax-loss harvesting opportunity.
Note: The first 1L of long-term capital gain(LTCG) is tax-free. So this is not considered in the tax-loss harvesting report on Console.
1
Zerodha Trade@20
List of all questions Ask your question
