ilmscore | Prediction Details
"number one in our example every time what did we say you could sell on 10th of March and you have to buy back on 12th of March as an example in simple words you have to keep one day clear if you buy and sell on the same day that will be treated as an intraday transaction and your tax gain and tax harvesting will be null if it you will not get the benefit of tax Harvesting right so ensure that you don't end up doing an intraday transaction"
By CA Rachana Phadke Ranade | March 19, 2025 | Correct
From video
How to save tax in 2025? | Tax Harvesting | CA Rachana Ranade 00:17:35 - 00:17:57
Interpreted Prediction
Selling and buying back the same security on the same day (intraday transaction) will nullify the benefits of tax gain harvesting.
AI Evaluation Notes
The prediction stated that selling and buying back the same security on the same day (intraday transaction) will nullify the benefits of tax gain harvesting. Based on available information, this statement is accurate as intraday transactions do not qualify for tax loss harvesting benefits.

Prediction Details

Topic
Intraday Transactions and Tax Harvesting

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