If I sell shares which I have in my demat account and buy back the shares on the same day, do I need to pay DP charges?
This trade would be treated as an intraday trade. DP charges wouldn’t apply as nothing is being actually debited from your account.
Thanks for your quick reply
If i have 20 shares in my holdings and i sell 20 of them and again buy them at lower price on the same day . Am i still liable to pay Dp charges?
@jainam_savani answered above.
No, You are not liable to pay DP charges.
Becasue Nothing is being debited from your account.
It will be Considered as Intraday Trade.
No, this will be a intraday. Only intraday brokerage charged.
Does zerodha charges DP charges for intraday trading?
No DP charges for intraday trades. DP charge is applicable only for stock debits from your Demat account.
Will this attract day trade broketage and STT?
@Lets_Invest But the shares are actually debited from the CDSL demat a/c…and credited back on T+2 day.
So the DP charges won’t apply here?
Please ans this