Is Short Term Capital Gain tax applicable if the profit is not withdrawn to the bank account?

Income Tax Income from Capital Gains
1

Hi

Is Short Term Capital Gain tax applicable if the profit is not withdrawn to the bank account?

2

Hi @Mayur_Lalwani

Yes, it is applicable even if you don’t withdraw the profit. Since tax liability arises on profit from the transfer of shares so the criteria, is not withdrawal.

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