ilmscore | Prediction Details
"and ultimately ensure that there are no key corporate actions which are there on the day of selling. So, just as an example, when we were talking about selling the shares on 10th of March, if the company was going to pay you a dividend and the record date was 10th of March, what could happen is you could sell the shares only to get the tax benefit, but you lose out on the benefit of dividend. So, in the third case, you are actually harvesting your profits, but you lose out on the dividend income. So, ensure that just to gain something, you are not losing out on something."
By CA Rachana Phadke Ranade | March 19, 2025 | Correct
From video
How to save tax in 2025? | Tax Harvesting | CA Rachana Ranade 00:18:42 - 00:19:13
Interpreted Prediction
Avoid selling shares for tax harvesting if there are upcoming corporate actions (like dividend payouts) on the same day, as this could lead to losing out on those benefits.
AI Evaluation Notes
The prediction is valid because the author warns against selling shares for tax harvesting on the same day as corporate actions like dividend payouts. Avoiding selling shares on the day of dividend payouts to not lose the dividend benefits is a prudent financial decision.

Prediction Details

Topic
Corporate Actions and Tax Harvesting

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