Tax harvesting on Equity and Mutual Funds

Income Tax Act 1961 Tax Savings & Deductions
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1

I might buy stocks or mutual funds on different date. But how will I know those equities are Crossed 1 year of period (Long Term)? Then only I have to sell those stocks or mutual funds for tax harvesting and invest again?

2

You can identify equity holdings older than 1 year by checking your broker’s Tax Harvesting Report / Capital Gains Statement, downloading a CAS for mutual funds, or calculating 365 days from each purchase date using the FIFO (First-In, First-Out) rule.