What is the tax obligation if we buy shares of a company multiple times and sell it after 13 months of the first purchase made…???
If you buy any security and sell the same after 12 months than its not liable to tax under LTCG. every order is counted separately for that. if you buy share today of X co. and buy again after 15 days than period is not same for counting LTCG. both are counted separately.
For every separate order placed on different date will be taken as different holding.
So if you buy Stock X on 24 Jan 2016 and 3 Feb 2016 the holding period will be calculated separately for both the purchases made.