How does Traders pledging for Margin through investments for 0% Interest rate help brokers?

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Console FIFO calculation Bug

Console calculation of FIFO(First In First Out) of shares buy/sell is buggy. Please refer to circular https://incometaxindia.gov.in/communications/circular/910110000000000355.htm It illustrates in detail how FIFO works. Basically 2 things - FIFO is per demat account. Two separate demat account of a person would have separate FIFO. FIFO depends upon entry/exit of shares to demat account. Their purchase date is immaterial. For normal operation, purchase date would be similar to entry date. Bu…

it contains circular too.