I want to know how tax is deducted after making a capital gain. Let’s say I made a capital gain of 2 lakhs, so can I withdraw 2 lakhs directly to my savings account, and will it be taxed later at 15% ? or is it taxed immediately after making the capital gain at 15% and will it end up with 1.7 lakhs in my Demat account?
Does the whole taxation (tax deduction and tax return) happen after filing the tax return?
Hey, I’m new to trading, I would appreciate any reply, and sorry if am wrong by any means.